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 »

Next Realty Acquires 39,000 SF Westridge Office Park in Suburban Indianapolis

By Kristin Hiller AVON, IND. — An affiliate of Next Realty LLC has acquired Westridge Office Park in Avon, a western suburb of Indianapolis. The purchase price was undisclosed. The office and medical complex consists of two single-story buildings. Tenants include Indiana University Health Care Associates Inc., Indiana Department of Child Services, Kindred Hospice, Midwest • Read More »

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 »

The Nextpert® Report: Insights from Next Realty on Real Estate Investing

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

Next Realty Acquires 67,000 SF Retail Center in Cincinnati

by Kristin Hiller An affiliate of Next Realty LLC has acquired the Kings Automall Shopping Center, a 67,000-square-foot retail center in Cincinnati. The property is home to tenants such as Planet Fitness, Mirage Restaurant, Play it Again Sports, Salon Concepts, Penn Station, LensCrafters, Samarkand Food Market, Kings Ford, Queens Nails and Your CBD Store. There is • Read More »

Greater Cincinnati shopping center acquired by investors

By Meghan Malas – Editorial intern, Cincinnati Business Courier A Greater Cincinnati shopping center has been acquired by a major real estate investment company. An affiliate of Next Realty LLC acquired Kings Automall Shopping Center, a multi-tenant, 67,000-square-foot neighborhood center, located off Interstate 71 at 9950-9998 Kings Automall Drive, on July 15. Next Realty Fund • Read More »

Next Realty Enters Cincinnati Market with Neighborhood Center Deal

By Paul Bubny An affiliate of Next Realty, LLC has acquired the Kings Automall Shopping Center, a multi-tenant neighborhood center in Cincinnati. Terms of the transaction, made on behalf of Next Realty Fund IX, LP, were not disclosed. This acquisition, the 11th made on behalf of the fund, is the first acquisition for the firm in Cincinnati • Read More »

11 Ways To Find New Opportunities For Vacant Commercial Spaces

Vacant commercial spaces have always been an issue for brokers in the real estate market. After the Covid-19 pandemic struck in 2020, many businesses were forced to shut their doors for good. This led to an increase in the number of vacant commercial spaces throughout the world. The question that commercial brokers have been asking • Read More »

Supporting Tenants and the Neighborhood at Ground Floor Level

By Marc Blum, President and COO, and Amy Levin, Director of Leasing, Next Realty Chicago's real estate community is keenly focused on the unfolding re-turn to work strategies of everyone from Corporate America to the all-important small entrepreneurial businesses. Companies are eager to get back to the office, landlords are looking to bolster tenancies, and • Read More »