15 Net Lease Assets Acquired Across 12 States
UNITED STATES — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, successfully structured a $55 million exchange on behalf of a client, facilitating the acquisition of 15 assets. Matthews™ Market Leader Keegan Mulcah and Executive Vice President Chad Kurz handled the transactions.
Matthews’ clients, a family-owned LLC, had recently sold a 700-acre farm, triggering the $55 million exchange requirement. The family aimed to reinvest the cash into net lease assets in high-growth markets throughout the U.S. Ultimately, 15 net lease investments were acquired across 12 states, with 85% of the investments being sourced off-market by Matthews™. By sourcing deals off-market using the company’s proprietary shared database, Matthews™ agents created favorable pricing and deal terms for the family.
“Market knowledge and product specialization were critical in executing our client’s requirement,” Mulcahy said. “By leveraging different tranches for diversification and balancing various return and risk thresholds for each property, we were able to complete the exchange requirement while also structuring our client’s desired return on their portfolio.”
The acquisitions included quick service and fast casual restaurants, healthcare facilities, early education assets, multi-tenant retail sites, and many more verticals within the net lease.
“We’ve seen a significant increase in buyers hiring us to help purchase net lease assets over the past few years,” Kurz said. “We were able to help them purchase assets that were not only stable cash flow investments but also solid real estate fundamentals in some of the best markets in the country.”
For more information or to contact a Matthews™ specialized agent, please visit
www.matthews.com.
About Matthews™
Matthews Real Estate Investments Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
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