Press Releases

Matthews Real Estate Investment Services™ is pleased to announce the sale of an industry-leading Fresenius Medical Care facility and TNV International, a leading wholesale distributor of bulk ingredients for the nutritional supplement industry. The property sold for $5,400,000 and is located at 13063 Rosecrans Ave in Santa Fe Springs, a well-known east-west thoroughfare in Los Angeles situated off one of the most traveled freeways in the U.S., the I-5, with over 192,000 vehicles traveling by the property a day.

Director of Marketing, Lori Valencia, and PR & Publications Manager, Leanne Jenkins, nominated as Los Angeles Business Journal’s 2021 women in leadership.

Matthews Real Estate Investment Services™ is pleased to announce the sale of Landen Square located at 2900 West U.S. 22 & 3 in Maineville, OH. Executive Vice President & National Director Ben Snyder, and Associate Vice President Zack Bates, worked in tandem to facilitate the sale of the shopping center for $5,414,000. This sale marks the second transaction between Matthews™ and Phillips Edison & Company, one of the nation’s largest owners and operators of grocery-anchored shopping centers.

Matthews Real Estate Investment Services™ is pleased to announce the sale of a 182,334 square foot community center located in Solon, OH, Uptown Solon. The property is comprised mainly of national tenants, including Bed Bath & Beyond, Old Navy, Ulta, Petco, Lumber Liquidators, and Orange Theory Fitness, among many others. Executive Vice President & National Director Ben Snyder, and Associate Vice President Zack Bates, facilitated the sale of the shopping center for $10.1M.

Matthews Real Estate Investment Services™ is excited to announce the $9.16M sale of a 13-property Continental Carbonic portfolio, spanning nine states throughout the United States. The sale was brokered by Matthews™ Senior Associate Harrison Auerbach and Vice President Alexander Harrold.

The portfolio sold for 103% of the listing price after generating 12 competitive offers. The seller, a Matthews™ client, was motivated to sell the portfolio to avoid management responsibilities of over a dozen simultaneously expiring leases.

Matthews Real Estate Investment Services™ is pleased to announce the sale of a Fresenius Medical Care building, located at 605 NW Hickory St, Albany, OR. The transaction was brokered by Matthews™ Associates Tom Aragone, Nick Kaye, and Associate Vice President Wesley Connolly.

The seller, a repeat Matthews™ client, was looking to execute a 1031 Exchange to capitalize on equity growth and diversify their portfolio. Matthews™ brokers were able to secure a buyer through a previous working relationship and successful transaction.

Matthews Real Estate Investment Services™  is pleased to announce the sale of a Walgreens property, the second-largest pharmacy chain in the U.S., located at 1910 Falls Valley Drive, Raleigh, NC. The net-lease transaction was brokered by Matthews™ Net Lease Retail Associate Grant Korn and Market Leader Maxx Bauman.

The seller, a Matthews™ private client, was looking to complete a 1031 Exchange for an asset with a long-term lease.

Matthews Real Estate Investment Services™ is pleased to announce the sale of 114 South Gramercy Place. Senior Vice President and Senior Director Daniel Withers and Senior Associate John Boyett worked in tandem to facilitate the sale of the 33-unit apartment building in the Hancock Park neighborhood of Los Angeles, CA. The three-story property was built in 1965 and comprises seven studios, seventeen one-bedroom, one bathroom, and two-bedroom, two-bathroom units.

Matthews Real Estate Investment Services™ recently brokered the sale of a valuable apartment building, located at 515 South Saint Andrews Place, Los Angeles, CA. The transaction was brokered by Matthews™ Vice President Charles Wright and Associate Taylor Avakian. The two-story multifamily property includes 40 units and is in the Koreatown neighborhood, making it a well-known asset.