Café & Bar Leases Ground-Floor Space for Second River North Location

By Paul Bubny Edie’s All Day Café & Bar completed a lease for approximately 4,000 square feet of ground-floor restaurant space at Kingsbury Center, 354 W. Hubbard, owned by an affiliate of Next Realty, LLC and The Habitat Company. Scheduled to open in Spring 2022, the new Edie’s location is its second in Chicago’s River North. Edie’s other • Read More »

Next Closes Fund IX with Final Acquisition

This September, with the acquisition of Westridge Office Park, Next Realty Fund IX, LP became fully invested. The office/medical complex near Indianapolis was the 12th acquisition for the Fund. One of the most notable aspects of the Fund is how it advances the firm’s Multi-Solution™ strategy that emphasizes diversification across geography, asset classes, and revenue • Read More »

Catching up with Marc Blum

It has been a busy year for everyone at Next, including President and COO, Marc Blum. There is a new marketing direction for 620 N. LaSalle, an important asset for the firm. Marc has been very active in various social media outlets, from LinkedIn posts to participating in industry podcasts. The Next Perspective caught up • Read More »

ICSC – Here, We Go. 2021 in Las Vegas

The most influential convention in commercial real estate’s retail sector is working to bring the industry back together again, and Next Realty will be there! From December 5th-7th, ICSC – Here, We Go. 2021 will make up for lost time and bring together retailers, retail property owners and all the other professionals involved in the • Read More »

Next makes Multi-Solution™ Acquisitions in Cincinnati and Indianapolis

In the past 4 months, Next Realty has completed two new acquisitions which marked the close of Fund IX. In July, an affiliate of Next Realty, LLC acquired the Kings Automall Shopping Center, a 67,000-square-foot, multi-tenant neighborhood center located at 9950-9998 Kings Automall Drive in Cincinnati, Ohio. It is the first acquisition for the firm • Read More »

Next Realty Announces The Nextpert® Report

In August, Next Realty debuted the inaugural issue of The Nextpert® Report, a communication that offers insights and perspectives on current topics and trends impacting the business of commercial real estate. Andy Hochberg, Next Realty CEO and Managing Principal uses The Nextpert® Report to provide a synopsis of news reports covering key economic indicators, investing trends, • Read More »

Monograph Provides Comprehensive Introduction to Next Realty

In addition to introducing the firm’s principals and other staff members critical to Next Realty’s success, The Next Perspective on Multi-Solution™ Investing details the investment strategy that has been 20-plus years in the making at Next. The monograph highlights successful investments the firm has made, shares the lessons it has learned over the years and • Read More »

Around the Portfolio

Next Realty’s current portfolio consists of 42 properties. Following are some highlights of activity that has taken place at the portfolio’s properties over the last six months: The Shops at Flint Creek – Club Pilates recently opened their new studio at this retail center, which is located in the heart of downtown Barrington. Lincolnshire Commons • Read More »

Next Realty makes second acquisition in Indianapolis market in last 10 months

An affiliate of Next Realty, LLC has acquired Westridge Office Park, an office/medical complex of two single-story buildings at 6791 and 6845 E. US Highway 36, in Avon, Indiana. Avon is in the Indianapolis market. Terms of the transaction, made on behalf of Next Realty Fund IX, LP, were not disclosed. This acquisition is the 12th and final • Read More »

Next Realty Makes Second Indianapolis Buy in 10 Months

By Paul Bubny An affiliate of Next Realty, LLC has acquired Westridge Office Park, an office/medical complex in Avon, IN. Terms of the transaction, made on behalf of Next Realty Fund IX, LP, were not disclosed. This is the fund’s 12th and final acquisition. It’s Next Realty’s second acquisition in the Indianapolis MSA in the past 10 months. Located • Read More »