11 Ways To Find New Opportunities For Vacant Commercial Spaces
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 […]
Supporting Tenants and the Neighborhood at Ground Floor Level
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 […]
Podcast: Everything Coworking interviews Next Realty’s Marc Blum and Stream Realty Partners Adam Showalter
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 […]
Bisnow: This Week’s Chicago Deal Sheet
Taken from an article written by Brian Rogal | Bisnow Chicago SALES An affiliate of Next Realty acquired 935 Lakeview Parkway, a single-story, 47K SF office building in north suburban Vernon Hills, which expands the firm’s portfolio of single-story properties. Terms of the transaction were not disclosed. The acquisition was financed by Marc Zisook of […]
Becovic, Next Realty JV on Milwaukee Apartment Portfolio
By Paul Bubny A joint venture partnership between Becovic and Next Realty, two Chicago-area real estate investment and management firms, has acquired a 14-building, 232-unit multifamily portfolio within a one-mile radius of Marquette University in Milwaukee. Taylor Grant with Park Equities represented the seller, Wiegand Enterprises LLC. The sale price was $16.15 million. The stabilized […]