Next Parking Buys Surface Parking Lot in Honolulu, Hawaii
Next Parking Buys Surface Parking Lot in Honolulu, Hawaii; Property is Well-Located, Rare CBD Opportunity Northbrook, Ill. (June 5, 2014)—An affiliate of Next Parking LLC and subsidiary of Next Realty LLC, has acquired the Alakea Parking Lot, a surface parking property in Honolulu, Hawaii. Terms of the transaction were not disclosed. The parking lot is located […]
Live from ICSC RECon: Next Realty May 2014 Blog Posts
Blogging live from ICSC: Footloose Posted on May 20, 2014 by rejblog Footloose Rebekah Carlson, Next Realty, LLC Taking a break after starting the day with a meeting with my favorite Cushman affiliates and then a meeting with the Village of Montgomery, Ill., to hear about what’s going on there. Eteri and I came up with a […]
Next Realty LLC and Outlook Development JV Acquires Evergreen Square Shopping Center in Peoria
Next Realty LLC and Outlook Development Create JV to Acquire Retail Center; Evergreen Square Shopping Center in Peoria Represents Core-Asset Acquisition Northbrook, Ill. (March 1, 2014)—An affiliate of Next Realty LLC has acquired Evergreen Square Shopping Center, a multi-tenant community retail property in Peoria, Ill. Next Realty acquired the property in a joint venture with […]
Pulse of the Market: From the Heels of Next Realty
Pulse of the Market : From the Heels of Next Realty Historically, the US has had a real estate cycle of approximately 18 years. But 2013 doesn’t seem very different from 2006, which was only 7 years ago. Many acquisitions in 2010 and 2011 are proving out to be grand slams. In hindsight, you almost […]
The State of the Suburban Retail Market
We used to say “location, location, location” to identify a property’s value as an investment. A couple of years ago, in the midst of recession, I coined the phrase “Location, Liquidity and Luck” as the new 3 L’s of real estate. Using this concept to benchmark current progress in the industry, we can identify strides […]