NEXT Parking

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NEXT Parking Next Parking LLC - Specializing in Parking Acquisitions, asset management and consulting.

Don’t overlook the small operational details. Maintenance, technology, signage, payment processes, and customer experien...
10/09/2026

Don’t overlook the small operational details.

Maintenance, technology, signage, payment processes, and customer experience can all influence the performance of a parking asset. Regularly evaluating these areas can help identify opportunities before they become larger issues.

Case Study: Parking Management Conversion When Next Parking acquired a condominium interest in a 72-space parking garage...
10/07/2026

Case Study: Parking Management Conversion

When Next Parking acquired a condominium interest in a 72-space parking garage beneath the Metropole condominium complex in Washington, D.C., the asset came with an unfavorable parking lease agreement.

The strategy was to convert the operation from a lease to a management agreement, improve the garage’s technology, and take a closer look at how the facility was performing.

The results were measurable:

- 17% increase in average ticket price

- Parking revenues more than doubled during the first three years

- 60% increase in NOI

The right operating strategy can have a significant impact on a parking asset’s performance.

10/05/2026

Next Parking is actively seeking parking investment opportunities nationwide.

We evaluate garages, surface lots, municipal and institutional parking, mixed-use assets, and other parking opportunities with potential for long-term value creation.

Have a parking property to discuss?

Learn more about Next Parking: https://nextparkingllc.com

Or call us - 410.935.2679

Parking is more than a space. It’s an asset that requires the right strategy, oversight, and expertise. Next Parking pro...
10/02/2026

Parking is more than a space. It’s an asset that requires the right strategy, oversight, and expertise.

Next Parking provides Acquisitions, Asset Management, and Consulting services to help owners and investors identify opportunities, improve performance, and maximize the potential of their parking assets.

For more info, contact:
Michael Nichols
President of Next Parking, LLC
410.935.2679
[email protected]
https://nextparkingllc.com

Michael had a great time at the 2026 NPA Convention in Las Vegas! It was an opportunity to connect with industry profess...
10/01/2026

Michael had a great time at the 2026 NPA Convention in Las Vegas!

It was an opportunity to connect with industry professionals, exchange ideas, and stay current on the trends shaping parking operations and investment.

Thank you to everyone who took the time to connect. We look forward to continuing the conversations!

National Parking Association

09/28/2026

The right parking acquisition starts with the right opportunity.

Next Parking is actively reviewing parking assets that align with our investment strategy, including surface lots valued between $1M and $30M, and garages valued up to $100M.

If you’re considering a sale, we’d welcome the opportunity to start a conversation.

Contact us - 410.935.2679

Strong parking assets require ongoing attention to performance, operations, and long-term value. Next Parking serves as ...
09/25/2026

Strong parking assets require ongoing attention to performance, operations, and long-term value.

Next Parking serves as an owner’s representative, working with ownership and investment groups to oversee operations, manage third-party operators, monitor financial performance, and guide capital improvements.

Reach out to us today! https://nextparkingllc.com/contact/

As CEO of Millennium Parking Garages and an Asset Manager with Next Parking, Issac brings more than 15 years of parking ...
09/23/2026

As CEO of Millennium Parking Garages and an Asset Manager with Next Parking, Issac brings more than 15 years of parking industry experience, along with a background in hospitality and security.

His focus on operations, customer service, financial management, and sustainability helps drive performance across more than 9,000 parking spaces.

Next Parking combines specialized parking expertise with an operational perspective to evaluate acquisition opportunitie...
09/21/2026

Next Parking combines specialized parking expertise with an operational perspective to evaluate acquisition opportunities.

We’re interested in parking garages, surface lots, municipal and institutional assets, mixed-use parking, and other qualified opportunities.

Find out if your parking asset qualifies: https://nextparkingllc.com/acquisitions/

09/18/2026

Is your parking operation performing at its full potential?

Next Parking provides consulting services designed to identify opportunities to improve efficiency, reduce expenses, strengthen operations, and uncover additional revenue.

Our approach starts with understanding the property, the challenges, and the goals, then developing a strategy built around them.

View our list of parking consulting services here: www.nextparkingllc.com

Address

5215 Old Orchard Road , Suite 880
Skokie, IL
60077

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