In the Media

Next Realty’s Lincolnshire Commons welcomes Fat Rosie’s Taco and Tequila Bar

Fat Rosie’s Taco and Tequila Bar, the creation of veteran restaurant owner Scott Harris, has opened its fourth Chicago-area Mexican concept restaurant, leasing space at Lincolnshire Commons. This is the seventh restaurant currently operating at Lincolnshire Commons which is owned and managed by an affiliate of Next Realty, LLC.Jonathan Hyman of Metro Commercial represented Fat Rosie’s in the lease • Read More »

Here’s the scoop on Michelin-starred Andrew Brochu’s new restaurant

The chef, who ran the kitchen at Roister from Alinea Group until December 2018, will open Brochu’s in early summer at 1523 W. Chicago Ave. in the former Natalino’s space. What do you do after leaving your position helming a Michelin-starred kitchen? If you’re chef Andrew Brochu, you get back to your roots. Brochu, who • Read More »

Next Realty makes fifth Milwaukee-area acquisition

An affiliate of Next Realty, LLC has acquired Hillside Terrace Shopping Center, a 17,000-square-foot neighborhood shopping center at 2728 – 2744 Hillside Drive in Delafield, Wisconsin. The purchase price for Hillside Terrace Shopping Center, the seventh acquisition for Next Realty Fund IX, LP, a fully diversified investment vehicle, was not disclosed. The property is now • Read More »

Next Realty Acquires Arlington Executive Plaza Medical/General Office Complex

An affiliate of Next Realty, LLC announced the acquisition of Arlington Executive Plaza, a medical and general office complex consisting of six single-story buildings located at 3335 – 3385 N. Arlington Heights Road, Arlington Heights, Illinois. Terms of the acquisition—the fourth for Next Realty Fund IX, LP, a fully diversified investment vehicle—were not disclosed. The six buildings • Read More »

Next Realty Acquires Arlington Executive Plaza

ARLINGTON HEIGHTS -- An affiliate of Next Realty, LLC has acquired Arlington Executive Plaza, a medical and general office complex consisting of six, single-story buildings located at 3335--3385 N. Arlington Heights Road in Arlington Heights. Terms of the acquisition were not disclosed. The six buildings at Arlington Executive Plaza total approximately 62,500 square feet of • Read More »

Next Realty Acquires Medical Office Property in Arlington Heights, Illinois

ARLINGTON HEIGHTS, ILL. — Next Realty Fund IX LP has acquired Arlington Executive Plaza, a medical office complex consisting of six single-story buildings in Arlington Heights. The purchase price was not disclosed. The buildings total approximately 62,500 square feet and are situated on more than 6.2 acres of land. The property is 90 percent leased • Read More »

Midwest Commercial Real Estate Hall of Fame 2018

RE Journals Next Realty's Marc Blum was honored this year in Midwest Real Estate News Commercial Real Estate Hall of Fame issue, which highlights the careers of successful CRE pros in the Midwest. Years in the business: More than 25 Making an impact: During his career, Marc Blum, president and chief operating office of Skokie, Illinois-based Next • Read More »

Stocking Urban, Next Realty to modernize newly acquired Lincoln Park property

RE Journals A joint venture partnership between Stocking Urban, LLC and Next Realty, LLC completed the acquisition of 838–846 W. Altgeld Street, a 12-unit multifamily property located in the Lincoln Park neighborhood of Chicago. The seller was a longtime private owner. The purchase price was undisclosed. The two-building property was built from 1905 to 1915 to house workers from • Read More »

JV Picks Up Century-Old Lincoln Park MF

Connect Chicago, Commercial Real Estate News A joint venture partnership between Stocking Urban LLC and Next Realty has completed the acquisition of 838 – 846 W. Altgeld, a 12-unit multifamily property in the North Side’s Lincoln Park neighborhood. The seller was a longtime private owner. The purchase price was undisclosed.The two-building property was completed in • Read More »

Next Realty Completes Backfilling Its Sports Authority Vacancies

Next Realty has now backfilled all five of its vacant Sports Authority sites, with Big Lots signing up to occupy 48,849 square feet at the defunct sporting goods chain’s Merrillville, IN location. The new lease relocates Big Lots from an end-cap position in the same shopping center, and paves the way for the opening of • Read More »