By Meghan Malas – Editorial intern, Cincinnati Business Courier A Greater Cincinnati shopping center has been acquired by a major real estate investment company. An affiliate of Next Realty LLC acquired Kings Automall Shopping Center, a multi-tenant, 67,000-square-foot neighborhood center, located off Interstate 71 at 9950-9998 Kings Automall Drive, on July 15. Next Realty Fund • Read More »
By Paul Bubny An affiliate of Next Realty, LLC has acquired the Kings Automall Shopping Center, a multi-tenant neighborhood center in Cincinnati. Terms of the transaction, made on behalf of Next Realty Fund IX, LP, were not disclosed. This acquisition, the 11th made on behalf of the fund, is the first acquisition for the firm in Cincinnati • Read More »
Vacant commercial spaces have always been an issue for brokers in the real estate market. After the Covid-19 pandemic struck in 2020, many businesses were forced to shut their doors for good. This led to an increase in the number of vacant commercial spaces throughout the world. The question that commercial brokers have been asking • Read More »
By Marc Blum, President and COO, and Amy Levin, Director of Leasing, Next Realty Chicago's real estate community is keenly focused on the unfolding re-turn to work strategies of everyone from Corporate America to the all-important small entrepreneurial businesses. Companies are eager to get back to the office, landlords are looking to bolster tenancies, and • Read More »
CHICAGO LANDLORD, MARC BLUM, SHARES HOW SPACES WENT BANKRUPT IN HIS BUILDING AFTER 6 MONTHS AND ADAM SHOWALTER HELPED HIM SURVIVE TO TELL THE STORY Marc Blum redeveloped his 80,000 square foot building for commercial office use. He built out all eight floors for Spaces, an IWG brand of coworking. Spaces filed for bankruptcy less • Read More »