06 Mar 2019
Matthews Real Estate Investment Services™ announces the appointment of Rob Zaharia as Vice President of the Matthews™ Multifamily Division.
29 Jan 2019
Matthews Real Estate Investment Services™ is pleased to announce the successful execution of a 1031 Exchange from a multifamily investment to two single-tenant net-lease investments. Matthews™ Senior Associate, Kyle Mirrafati, facilitated the sale of an off-market 28-unit apartment in the Palms Neighborhood of West Los Angeles for $7,100,000 at a 3.36% CAP Rate into two 7-Eleven properties with gas in the Daytona Beach- metropolitan area for a combined purchase price of $7,700,000.
16 Nov 2018
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.
30 Aug 2016
Retail property sales during the first half of the year totaled $36.6 billion, which is down about 20 percent compared to the same period last year, when the retail sales volume reached $45.7 billion. That decline is only slightly behind the pace of the broader commercial real estate sales market, where year-over-year sales
29 Jun 2016
Matthews Retail Advisors has arranged the sale of a Natural Grocers in Denver Colorado. The transaction was led by Aron Cline, Vice President and Senior Director, who represented the seller, a private partnership. The buyer was a private, East Coast investor looking to trade from an apartment into retail.
24 Jun 2016
A nine-property Hardee’s portfolio in Georgia has traded hands. An Arizona retail-focused REIT sold the assets to a private investor in Georgia.