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Chicago & Midwest  + Midwest  + Retail  | 

Next Realty Enters Cincinnati Market with Neighborhood Center Deal

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 and the fourth acquisition the firm has completed in the past six months.

“Next continues to execute its Multi-Solution investment strategy that expands into new markets and broadens the range of properties we’ll acquire including opportunities that leverage our core retail competency,” says Andy Hochberg, CEO and managing principal, Next Realty. 

Kings Automall Shopping Center is a 67,000-square-foot center that sits at the entrance to the Kings Automall corridor, off Interstate 71 and Fields Ertel Road. Located at located at 9950-9998 Kings Automall Dr., the center is located approximately 17 miles northeast of downtown Cincinnati. 

t Realty Enters Cincinnati Market with Neighborhood Center Deal

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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