Next Realty Completes Suburban Leases Totaling Nearly 63,000 SF
Next Realty Completes Suburban Leases Totaling Nearly 63,000 Square Feet; Activity Underscores Strengthening Retail Marketplace NORTHBROOK, IL (May 4, 2015)—Next Realty LLC has completed lease transactions—new leases and extensions—totaling 62,779 square feet of space at retail centers it owns and manages in Lombard, Schaumburg, Lincolnshire and Oak Lawn. · In largest of the transactions, The Sports Authority has completed […]
Profile of Andy Hochberg on rejournals.com
A profile of Andy Hochberg, Next Realty’s President and Chief Executive Officer, was featured on Real Estate Journals’ rejournals.com. Andrew Hochberg began his career as a site selector for his family-owned sporting goods chain, Sportmart. Hochberg still remembers sitting in the back of the family station wagon touring potential locations with his father… With more than […]
Retail Checkups: A Barometer of Fitness
Andy Hochberg, Next Realty’s President and Chief Executive Officer, authored a feature article in Scotsman Guide’s February 2015 Issue. In this article, Retail Checkups: A Barometer of Fitness, Mr. Hochberg discusses the importance of using health ratios to help reduce risk in investment strategies by determining the likely future performance of retail properties. # # […]
Next Realty Fund Buys Lincolnshire Commons
Next Realty Fund Buys Lincolnshire Commons in North Suburban Lincolnshire, Ill.; Modern, 130,000 SF Center Originally Developed by General Growth Properties Northbrook, Ill. (September 29, 2014)—On behalf of Next Realty Fund VIII, Next Realty LLC and its joint venture partner have completed the acquisition of Lincolnshire Commons, a Class A destination shopping center that was […]
GNC Leases Space at Parrot Plaza in Melrose Park
GNC Leases Space at Parrot Plaza in Melrose Park; Next Realty’s Retail Center Remains 100% Leased Northbrook, Ill. (June 5, 2014)—GNC has signed a lease at Parrot Plaza, a retail center owned by an affiliate of Next Realty and located at 1401 W. North Ave. in Melrose Park. Ill. The neighborhood strip center remains 100 percent […]