Schain becomes managing principal with Next Realty, which has a $50-million portfolio. "The combination of Wabash and Next Realty will provide expanded capabilities for clients seeking a presence in both the Midwest and in the Washington, D.C./Baltimore markets, where Next Realty is already active in tenant representation," he says in a statement.
Next Realty managing principal Andrew Hochberg is former CEO of SportMart. "This expansion marks a strategic step forward in the history of our firm," Hochberg adds. "It is exciting for us to be able to expand our capabilities in tenant representation and acquisitions with a new team of this caliber."
Joining Schain at Next Realty are Matt Silvers and Richard Wallach. Besides Century Theaters, their former firm's client list included Dubin Residential, Meijers, and Neumann Homes.
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