Matthews™ welcomed prominent multifamily agent Mark Bridge as executive vice president and senior director. Based in Orange County, Bridge specializes in the acquisition and disposition of multifamily assets throughout Southern California, with an emphasis on 20-100 unit properties.
Press Releases
Mark Bridge Joins Matthews™, Reinforcing Company’s Southern California Multifamily Presence
Matthews™ Arranges the Sale of $5.9M Multifamily Property in El Segundo
Los Angeles, CA (November 27, 2017)—Matthews Real Estate Investment Services™, the nation’s fastest-growing brokerage firm, recently represented the seller in the sale of a twelve-unit multifamily property located at 216 East Imperial Avenue, El Segundo, CA for $5,900,000 ($491,666.67/unit).
Matthews™ Closes Highest Cost Per Unit Sale for a Mulitfamily Property in Winnetka, CA
LOS ANGELES, Calif.—October 17th—Matthews Real Estate Investment Services™ is pleased to announce that Daniel Withers, Senior Vice President of Multifamily, has arranged the record sale of a multifamily investment property in Winnetka, CA. The buyer, 303 WR, LLC, purchased the 52-unit property with a final sale of $13,250,000.
Matthews™ Announces New Digital Magazine
Matthews Real Estate Investment Services™ is pleased to announce the digital release of the company’s first three magazine issues designed to provide readers with current trends, feature articles, interviews with industry experts and more.
Matthews™ Arranges the Sale of Off Market Walgreens in Salem, OR
Matthews Real Estate Investment Services™, a leading real estate investment firm, recently arranged the sale of an off-market Walgreens for $6.8 million. The property is located on 1.55 acres of land at 4760 Liberty Road South, Salem, Oregon.
Record-Breaking Retail Condo Sold in NY by Matthews™
Matthews Real Estate Investment Services™ is pleased to announce the sale of a 16,200 square-foot Staples retail condo in the New York City borough of The Bronx. The $11M closing price equates to approximately $679 per square foot, the 2nd highest price ever recorded for a Staples sale and the 3rd highest price per square-foot for a Staples.
Matthews™ exclusively marketed the sale of this iconic Staples retail condo on behalf of a private seller, a major developer in New York whose projects include: single-family housing, medical office buildings, high rise office towers, affordable housing, and golf courses. The buyer, an undisclosed entity, added to their extensive portfolio of more than two million square-feet of retail in New York City with over 30 retail locations.
Matthews™ Sets Price-Per-Foot Record in Lawndale, CA
Matthews Real Estate Investment Services™ has arranged a price-per-foot record for a multi-family building in Lawndale, California. The transaction was lead by Daniel Shieh, Investment Sales Associate for Matthews™, who represented the seller and surpassed the previous record by 26%.
Daniel Withers Joins Matthews™ as Senior Vice President of Multifamily Division
Bringing over 17 years of experience in the industry, Daniel will leverage his deep-rooted market knowledge and extensive connections to continue the strategic expansion of the Matthews™ footprint.
Matthews™ Arranges $22 M Sale of Power Center for RPAI
Matthews Real Estate Investment Services™ has arranged the $22.075 million sale of Low Country Village, a 140,000-square-foot power center located in Bluffton, SC. Scott Henard, SVP and Regional Director of Shopping Centers for Matthews™, led the transaction on behalf of the seller, Real Properties of America Inc (RPAI), and sold to an undisclosed private California buyer.
Matthews™ Taps Industry Veteran to Roll Out Retail Leasing Platform Nationally
Matthews™, the nation’s fastest growing commercial real estate firm, has appointed Michael Pakravan as Senior Vice President and National Director of Retail Leasing. In his new role, Michael will utilize his leasing expertise and extensive network to continue to both grow the firm’s market share and drive value representing property owners and tenants.