Press Releases

Next Realty Affiliate Acquires Westridge Office Park Near Indianapolis;

Fund IX is now fully invested in a diverse mix of assets CHICAGO — An affiliate of Next Realty, LLC has acquired Westridge Office Park, an office/medical complex, consisting of two single-story buildings at 6791 and 6845 E US Highway 36 in Avon (Indianapolis MSA), Indiana. Terms of the transaction, made on behalf of Next • Read More »

Next Realty Affiliate Acquires Single Story Office Property in Vernon Hills;

Acquisition Expands Single Story Portfolio, Continues Firm’s Multi-Solution™ Strategy CHICAGO—An affiliate of Next Realty, LLC has acquired a single-story office building in north suburban Vernon Hills, an acquisition that expands the firm’s portfolio of single-story properties and furthers the firm’s Multi-Solution™ strategy that emphasizes diversification across geography, asset classes, and revenue streams. Terms of the • Read More »

Becovic and Next Realty Joint Venture Acquires Multifamily Portfolio Near Marquette University;

Portfolio marks Becovic’s first Milwaukee acquisition, broadens Next’s holdings to include multifamily assets MILWAUKEE/CHICAGO – 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, Wisconsin. Taylor Grant with Park Equities • Read More »

Next Realty Makes Fifth Acquisition in Milwaukee MSA: Acquires Hillside Terrace Shopping Center in Delafield, Wisconsin

An affiliate of Next Realty, LLC is pleased to announce the acquisition of Hillside Terrace Shopping Center, a 17,000 square foot neighborhood shopping center located at 2728 – 2744 Hillside Drive, Delafield, Wisconsin. The purchase price for Hillside Terrace Shopping Center, the seventh acquisition for Next Realty Fund IX, LP, a fully diversified investment vehicle, • Read More »

Next Realty Acquires Washington D.C. Parking Garage

CHICAGO (March, 2019)—An affiliate of Next Realty, LLC is pleased to announce the acquisition of the transient parking portion of the Metropole Condominium Garage located at 1515 15th Street NW, Washington, D.C.  The purchase price for Metropole Condominium Garage was not disclosed. The property is located below The Metropole Condominium Complex. The dynamic, mixed-use project • Read More »

Next Realty Acquires Arlington Executive Plaza Medical/General Office Complex

CHICAGO - An affiliate of Next Realty, LLC is pleased to announce the acquisition of Arlington Executive Plaza, a medical and general office complex consisting of six, single-story buildings located at 3335 – 3385 N. Arlington Heights Road, Arlington Heights, Illinois. The purchase price for Arlington Executive Plaza, the fourth acquisition for Next Realty Fund IX, • Read More »

Next Realty Expands Acquisition Focus: Aggressively Seeking Industrial Assets to $50 M

Fully embracing the continued move from brick and mortar to e-commerce real estate strategies, Next Realty has expanded its property acquisition approach by incorporating industrial properties valued up to $50 million. “Changes in the retail landscape continue, and we’ve adapted our approach to be proactive and responsive,” said Andy Hochberg, CEO and Managing Principal of • Read More »