Property Watch
Despite the pandemic and lockdown that began in March, Next Realty has continued to move forward with new transactions and the buildout of spaces at various properties in its portfolio. Following is a summary of these notable events: Lincolnshire Commons Fat Rosie’s Taco and Tequila Bar, the creation of veteran restaurant owner Scott Harris, has […]
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 […]
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 […]
Location, Liquidity, Luck®: A Different Way to Look at Real Estate Investing
More than a decade ago, Next Realty’s Founder, Andy Hochberg, was contemplating the state of the commercial real estate industry. He believed then that the age-old precept, Location, Location, Location no longer held true. He concluded that a AAA location, alone, no longer guaranteed a property’s success. In its place, Andy coined the phrase: Location, […]
Prime Parcel in Downtown Honolulu Sells to Developer who Plans Affordable Senior Housing High-Rise
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 […]