Andy Hochberg’s Newest Forbes Article

In an article just published by Forbes for the Forbes Real Estate Council, Next Realty CEO and Managing Principal Andrew Hochberg shares his thoughts on appealing to and addressing the needs of high-net-worth investors who make real estate investments through pooled funds. These investors represent a group that is more Main Street than Wall Street • Read More »

Next Realty Completes Disposition of 30,000 SF Retail Building in Chicago

REBusiness Online | Heartland Real Estate Business June 9,2022 | By: Kristin Hiller CHICAGO — An affiliate of Next Realty LLC has sold Nagle Plaza in Chicago for an undisclosed price. Walgreens anchors the 30,000-square-foot retail building, which is located along Nagle Avenue. Additional tenants include City Edge Dental and Ankle & Foot Specialists. Sean • Read More »

Next Realty Exits Value-Add Investment in Chicago

Connect CRE | Chicago & Midwest | North Side | Retail June 7,2022 | By: Paul Bubny An affiliate of Next Realty, LLC has completed the sale of Nagle Plaza, a 30,000-square-foot, mixed-use property anchored by Walgreens and shadow-anchored by Shop & Save Market. Located at 6304-6310 Nagle Ave. In Chicago, the property was sold • Read More »

Fund X: Fast Out of the Gates

Next Realty Fund X, LP is fully funded and actively pursuing acquisitions throughout the United States, continuing to execute the firm’s commitment to its Multi-Solution™ Strategy. The strategy is designed to balance annual cash-flow distributions with the longer-term potential for value creation. Since December, on behalf of Fund X, affiliates of Next Realty have acquired • Read More »

Leasing Activity Around the Portfolio

Next Realty has experienced strong leasing momentum across its portfolio of properties, particularly its retail properties located in the Chicago metro area. At Wilmette Commons (50-126 Skokie Blvd.) CycleBar has leased approximately 2,800 square feet of space. CycleBar offers a low-impact, high-intensity indoor cycling experience that has become an increasingly popular method of exercise. This • Read More »