The Shift In Office Leasing Demand Requires Further Evolution, Innovation
The culmination of events that took place during and leading up to 2020 triggered the biggest shift in office leasing in U.S. history. The implications have led owners to re-evaluate their assets and occupiers to re-evaluate their office needs, with both looking for opportunities to bring innovation and flexibility into their space. This trend has […]
Location, Liquidity, Luck: A Modern Precept in CRE
By Andy Hochberg These are interesting and challenging times in commercial real estate. Andy Hochberg of Next Realty shares how these three notions can lead to greater success. For decades, the age-old precept in commercial real estate has been based on location. To reinforce its importance on the viability of a property, the word was […]
Amid The Wreckage, Some Retail Thrives, But Landlords Will Have To Work Harder To Get Those Tenants
The retail sector suffered tremendous reverses in 2020, but even in the midst of what some call a “retail apocalypse,” bright spots also appeared. Some tenants took advantage of the troubled market to sign favorable deals, launch new types of businesses or learn how to use the internet to sustain sales. That has kept many properties […]
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 […]
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 […]