Press Releases

Matthews Real Estate Investment Services™ recently sold a Walmart shadow-anchored center located in Mansfield (Dallas/Fort Worth), Texas. Scott Henard, SVP and Regional Director for the Matthews™ Shopping Center Division, and Peter Smelko, Associate, led the transaction on behalf of the seller, Haydn Cutler Company. The 27,792 square-foot property was sold to a private client buyer represented by Tim Axilrod and Tommy Tucker with Shop Companies.

Matthews Real Estate Investment Services™, one of the nation’s fastest growing brokerage companies, recently sold a two-property portfolio in Houston consisting of 179,777 square-feet.  Scott Henard, SVP and Regional Director for the Matthews™ Shopping Center Division, led the transaction on behalf of the seller, Brixmor Property Group (BRX), and sold the property to Williamburg Enterprises from Houston.

Matthews Real Estate Investment Services™, one of the nation’s fastest-growing commercial real estate companies, has been exclusively engaged to market a nearly three-acre transit-oriented development opportunity in Los Angeles, CA. The development is located on the Westside of Los Angeles off of Robertson Blvd and north of the 10 Freeway, bordered by the historic area of Cheviot Hills and the booming tech scene of Culver City. Spearheading the sale of this development are David Harrington, EVP & National Director of Multifamily, Daniel Withers, VP & Senior Director of Multifamily, and John Boyett, a Multifamily associate for Matthews™.

Matthews Real Estate Investment Service™, the nation’s fastest growing commercial real estate firm, is pleased to announce to sale of Chelsey Court at 4040-60 South Hoover Street. Located in Central Los Angeles, the 24-unit apartment complex comprised of three separate parcels, sold for $7.5 million, $312,500 per unit.

Matthews Real Estate Investment Services™, is pleased to present the $7.5 million sale of a well-maintained 30-unit multifamily property located in Southern California’s “Valley of the Stars.” The transaction, led by Daniel Withers, Senior Vice President of Multifamily, marks the 2018 highest price per square foot for a rent-controlled building in Valley Village, according to CoStar.

Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate firm, is pleased to announce the sale of a single tenant Starbucks portfolio for $9.33 million in Silicon Valley. With sites located in Alameda County, the 7^th most populous county in CA, Matthews™ Senior Vice President & Senior Director, Aron Cline and Net Lease Associate, Jon Prater led the transaction of two extremely rare 15-year absolute NNN lease Starbucks properties. According to CoStar, these trophy assets achieved cap rate records for a single tenant Starbucks in the county.

Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate firm, today announced the $28.3 million sale of The Village at Mammoth, a 57,925 square-foot ground floor retail space located at the base of the popular California ski resort, Mammoth Mountain. The transaction, led by Bill Pedersen, Senior Associate and El Warner, National Director & EVP of Matthews™ Shopping Center Division marks the highest sale price ever recorded for a commercial property in Mammoth Lakes, according to CoStar.

Matthews Real Estate Investment Services™ is pleased to announce the $18 million sale of Sprouts Farmers Market in the largest city in Hillsborough County, Tampa, FL. Senior Vice President & Senior Director of Matthews™, Aron Cline, represented the seller and sourced the buyer through Matthews™ marketing efforts.

Matthews Real Estate Investment Services™ is pleased to announce the sale of an off-market, DHL in one of Chicago’s thriving industrial submarkets, Franklin Park, IL. The concrete tilt up construction building sold for $11.6 million ($132 PSF) at a sub 6% cap rate and was facilitated by Matthews™ Senior Associate, Maxx Bauman.