Next Realty Modernizes 620 N. LaSalle, Converts it to Office Use
After completing comprehensive redevelopment and repositioning at the iconic 620 North LaSalle building in River North, an affiliate of Next Realty, LLC welcomed coworking firm, Spaces, into the newly renovated office building. Spaces, a subsidiary of IWG, moved into the eight story, 80,000-square-foot building and began operations in September. Modernizing an Icon Next Realty completed […]
Next Realty Makes Fifth Acquisition in Milwaukee
On behalf of Next Realty Fund IX, an affiliate of Next Realty, LLC has recently acquired Hillside Terrace Shopping Center, a 17,000 square foot neighborhood shopping center located at 2728 – 2744 Hillside Drive in Delafield, Wisconsin. The center is fully leased and includes a diverse roster of restaurant, retail and service-oriented tenants. Delafield is […]
Meet One of Our Nextperts®
Amy joined Next Realty in 2015 as Director of Leasing, where she is responsible for overseeing the leasing of Next Realty’s 1.2 million square feet of retail space. She works closely with the acquisitions team to source investment opportunities, complete in-depth market research, and execute property due diligence. In Amy’s time at Next, she has […]
Property Watch
During the quarter, the leasing and management teams at Next Realty reached a number of important milestones at properties in the portfolio: Lincolnshire Commons: Fat Rosie’s to Replace Kona Grill Fat Rosie’s, a Mexican themed restaurant, has leased an approximately 6,000 square foot restaurant space at Lincolnshire Commons. The space that was previously leased to […]
When Bad Things Happen to Good Properties
In our last newsletter, we shared the storyline “When Bad Things Happen to Good Properties”. The story’s premise was that regardless of the level of due diligence completed, over time unexpected or unplanned property-related events can occur, even at good properties. In today’s retail environment, unplanned events include store closings and tenant bankruptcies. In this […]