Press Releases

Prime Parcel in Downtown Honolulu Sells to Developer who Plans Affordable Senior Housing High-Rise

May 29, 2020

Cushman & Wakefield and Sofos Realty Corporation jointly announced today the firms have teamed up to represent the seller, an affiliate of Next Realty, LLC, in the disposition of a prime ±0.30 acre (12,842 square feet) land parcel in downtown Honolulu, Hawaii. Steven Sofos, CEO, founder of Sofos Realty Corporation handled the transaction on behalf • Read More »

Next Realty, LLC and Galloway Group Acquire Rite Aid Property in Virginia Beach, VA

February 20, 2020

Affiliates of Next Realty, LLC and Galloway Group, Inc are pleased to announce the acquisition of a single-tenant, 13,195 square-foot Rite Aid store located at 840 S. Military Highway (US 13), Virginia Beach, Virginia. The purchase price was not disclosed. The property sits on approximately 3.25 acres of land and benefits from its strategic location • Read More »

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

October 22, 2019

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

March 15, 2019

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

February 1, 2019

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 »

Stocking Urban and Next Realty Partner to Acquire Multifamily Property in Lincoln Park

November 5, 2018

Planned modernization program will maintain character and appeal of nearly century old property A joint venture partnership between Stocking Urban, LLC and Next Realty, LLC today completed the acquisition of 838–846 W. Altgeld, a 12-unit multifamily property located in the Lincoln Park neighborhood of Chicago, IL. The seller was a longtime private owner. The purchase • Read More »

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

September 20, 2018

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 »

Next Realty Signs New Lease with AutoZone for Milwaukee Retail Space

July 14, 2018

Next Realty, LLC is pleased to announce that AutoZone has completed a lease to occupy 8,446 square feet at its South Towne Shopping Center at South 27th Street and Loomis Road in Milwaukee, WI. AutoZone plans to open late summer or early fall 2018. Mid-America Real Estate Wisconsin, LLC Principal Dan Rosenfeld and Broker Associate • Read More »

Next Realty Completes Leases at Autumn Grove Shopping Center in Suburban Milwaukee;

June 25, 2018

High-Intensity Interval Training Fitness Franchise and a New Local Chiropractor Join Tenant Mix Next Realty has completed two new leases totaling almost 4,300 square feet of space at Autumn Grove Shopping Center located at 12850-12960 W. Bluemound Road in Elm Grove, Wisconsin. Shred 415, a Chicago based high-intensity interval training fitness studio, will be occupying • Read More »

Next Realty Managing Director a Featured Speaker at CREW Chicago Event

June 13, 2018

A recent CREW Chicago education program featured a Finance and Capital Markets discussion, looking specifically at Equity Perspectives. Next Realty Managing Director Eteri Zaslavsky was one of the featured guest speakers. The moderator initially asked panelists whether it is harder to raise capital or to put it to work in today’s market. In helping to • Read More »