In the Media

Net-leased Best Buy property in Deptford trades for $17 million

April 28, 2022 |  Written by Tina Traster The longtime owner of a single-tenant, net-leased Best Buy store in Deptford has sold the property for $17 million. NMA Deptford LLC, an affiliate of Illinois-based Next Realty LLC, completed the deal at 1851 Deptford Center Road some 19 years after purchasing the asset. An affiliate of • Read More »

Illinois firm buys apartment building in Wauwatosa for $10.3 million

Will complete renovation work started by previous owners By Alex Zank Next Realty LLC has acquired the 64-unit Dolphin Square apartments in Wauwatosa for $10.3 million. An affiliate of the Skokie, Illinois-based real estate investor bought the apartment building last week from its former owners, according to state records. The ownership group included a pair of • Read More »

Next Realty Acquires Essex Square, a retail center in Madison

Posted by Kristen Hiller on March 23, 2022 MADISON, WIS. — An affiliate of Next Realty LLC has acquired Essex Square, a 44,000-square-foot retail center in Madison. The purchase price and seller were undisclosed. The property is home to 15 tenants, including Concentra Health Services, Half Price Books, The Camera Store, Allstate, Great Clips and • Read More »

Edie’s All Day Café & Bar to Open Second Location in Chicago

by Kristin Hiller Edie’s All Day Café & Bar has signed a lease for approximately 4,000 square feet of ground-floor space at Kingsbury Center in Chicago. Scheduled to open in spring 2022, the new location is Edie’s second in Chicago’s River North neighborhood. Edie’s will offer a café, restaurant, workspace and wine bar. Kingsbury Center is • Read More »

Affiliate of Next Realty Acquires Retail Center in Madison

WISCONSIN | MULTIFAMILY An affiliate of Next Realty LLC, on behalf of Next Realty Fund X, LP, has acquired Essex Square, a multi-tenant neighborhood center in Madison, Wisconsin. The financial terms of the transaction were not disclosed. The 44,000-square-foot center, which sits on four acres, is located at 4222 – 4260 E. Towne Blvd. in Madison. • Read More »