Next Realty’s Multi-Solution Strategy Keeps Company Current

Next Realty believes investment philosophies should evolve and adapt to align with shifting markets, changing industries and maturing investor goals and objectives.  The company was established in 1998 to grow and manage investments in neighborhood retail centers. Over time, Next’s portfolio grew to include industrial, residential and redevelopment projects in targeted metropolitan markets. A constant strength of the firm has been the ability to acquire properties in strong locations and execute sound, quality business plans through hands-on property and asset management.    The principals of the firm began formulating and guiding the evolution of Next’s investment approach to • Read More »

Meet One of Our Nextperts®

Before starting Next Realty, Andy Hochberg held various executive level positions with Sportmart, a company Andy’s father, Larry Hochberg, and Sanford Cantor started in 1970. In the 1990s, Andy served in many roles at Sportmart, including CEO & CFO. During his tenure, the business expanded, the company went public and they completed the sale of the family’s interest in the business.   Upon the sale of the family’s interest in Sportmart, friends • Read More »

Property Watch

Next Realty Acquires Rite Aid Property in Virginia Beach, VA  Affiliates of Next Realty, LLC and Galloway Group, Inc. have acquired a single-tenant, 13,195 square-foot Rite Aid store located at 840 S. Military Highway (US 13), Virginia Beach, VA. The property was originally developed in 2000 as an Eckerd Pharmacy and in 2006 was sold, • Read More »

When Bad Things Happen to Good Properties

In May 2016, an affiliate of Next Realty made its first commercial property acquisition in the Nashville market area. The 60,413-square-foot, two-tenant retail property at 1735 Galleria Blvd. in Cool Springs Crossing represented a great opportunity to expand its geographic footprint. The building occupies a great location. It is situated in close proximity to I-65 • Read More »

Next Replaces Las Vegas Lunch with VIP Zoom Webinar Program

The COVID-19 pandemic that has swept the world has disrupted so many areas of our lives. Early on, major national CRE conventions like ICSC RECon in Las Vegas were postponed “indefinitely.”  Next Realty and our luncheon co-sponsors annually attend what is billed as one of the retail sector’s largest dealmaking and networking opportunities which includes trade show floor activities, meetings, panel discussions and social events.  With ICSC RECon canceled for 2020, Next Realty has been quick • Read More »

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 • Read More »

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 • Read More »