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Press Releases


25 Sep 2018

Matthews™ Arranges the $9.33 Million Sale of Silicon Valley Starbucks Portfolio

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 7th 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.

18 Sep 2018

MATTHEWS™ ANNOUNCES RECORD-BREAKING SALE OF THE ICONIC VILLAGE AT MAMMOTH

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.

21 Aug 2018

Matthews™ Arranges the Sale of $11.6 M Industrial Asset in Chicago, IL

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.

20 Aug 2018

Matthews™ Closes $18 Million Sprouts Farmers Market in Tampa, FL

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.

25 Jul 2018

Matthews™ Brokers the Sale of a 38-Unit Apartment Building for a Record-Breaking $9.15 Million

The all-time highest sale price for a multifamily property in the city of Sunland

19 Jul 2018

Matthews™ Closes $54.5 Million Worth of Shopping Centers in Orange County, CA

Matthews Real Estate Investment Services™ is pleased to announce $54.5 million of commercial retail transactions in one of Orange County’s thriving suburban neighborhoods, Yorba Linda, CA. Executive Vice President & National Director of Shopping Centers, El Warner and Shopping Center specialist Jordan Gomez of Matthews Real Estate Investment Services™, represented owners of multiple trophy assets in four separate transactions within the last nine months.

12 Jul 2018

Matthews™ Announces $24 Million Sale of Thomas Winery Plaza

The Record Breaking Sale is the Largest Transaction in the Inland Empire Year-to-Date

01 Jun 2018

Matthews™ Arranges the Sale of Record-Breaking 4-Star Retail Storefront

Matthews™ Arranges the Sale of  McPherson Place for $6.1 million

29 May 2018

Matthews™ Sets Price-Per-Foot Record in the 91304 Zip Code

Matthews™ has arranged the sale of a 25-unit multifamily building for $5.5 million in Canoga Park, CA.

10 May 2018

Ben Snyder Joins Matthews™ to Lead New Midwest Office Expansion

Former DDR Corp. executive to grow Midwest footprint in Cleveland

27 Apr 2018

Matthews™ Arranges the $17.8 Million Sale of a Unique Zero Cash Flow CVS Portfolio

Matthews Real Estate Investment Services™ is pleased to announce the sale of a zero cash flow CVS portfolio for $17.8 million

26 Apr 2018

Matthews™ Closes Second Alabama Shopping Center in 2018 for $13.8 Million

The 101,498 square-foot asset, sold by Plaza Properties, is located two blocks east of the $350 million Mid-City Mall redevelopment project on University Drive in Huntsville, Alabama

24 Apr 2018

Matthews™ Closes Another Shopping Center for Top 10 REIT

Shopping Center Sale for Top 10 REIT

20 Apr 2018

Matthews™ Announces Sale of Abilene Market in Aurora, Colorado for $9.9 Million

Unique Sales Strategy Revives Deal and Secures Foreign Buyer

16 Mar 2018

Matthews™ Announces Sale of Record Breaking $41.7 Million Shopping Center in Oceanside, CA

The Lowest Cap Rate for a Non-Grocery Anchored Shopping Center in San Diego County and for a Walgreens in the State of California Since 2016

14 Mar 2018

Matthews™ Markets for Sale a 209-Unit Multifamily Building in Fort Worth, Texas

Matthews Real Estate Investment Services™ has been exclusively engaged to market for sale South 400, a Class A, 209-unit, newly constructed multifamily asset in the heart of the medical district in Fort Worth, Texas.

13 Mar 2018

Matthews™ Arranges the Record-Breaking Sale of a 56-Unit Property in Van Nuys

The Highest Price-Per-Square-Foot Sale in Van Nuys for a Property Built in 1967

07 Mar 2018

Matthews™ Brokers Record Breaking Multifamily Building in Los Angeles, CA for $9.65 Million

The Highest Cost Per Unit Sale in the Last Three Years for a Rent Controlled Multifamily Building in the 90057 Zip Code

21 Feb 2018

Walmart Supercenter Brokered by Matthews™ for $13.57 Million

The 3rd Highest Sale Price for a Walmart in the State of Ohio Within the Last Year and the Lowest Cap Rate for a Short Term Lease Walmart

20 Feb 2018

Matthews™ Brokers the Sale of Off-Market Zero Cash Flow CVS Portfolio

The transaction, an off-market sale of a zero cash flow structured CVS portfolio, was led by Bill Pedersen, a Matthews™ senior drug store associate.

19 Feb 2018

Matthews™ Arranges the Sale of Value-Add Multifamily Property in Glendale, CA

Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate firm, recently completed the $2 million sale of a 7-unit apartment building located in the city of Glendale, CA.

08 Feb 2018

Matthews™ Announces $14.15 Million Sale of Madison Plaza in Huntsville, AL

Matthews Real Estate Investment Services™ has announced the $14.15 million sale of a 143,739 square-foot center anchored by Havertys Furniture

01 Feb 2018

MATTHEWS™ ARRANGES $6.3 MILLION SALE OF WALGREENS IN EDEN PRAIRIE, MN

The highest sale price for a drugstore in Eden Prairie, MN

31 Jan 2018

Matthews™ Arranges the Sale of 23rd Street Plaza on Behalf of RPAI

Panama City, Florida— Matthews Real Estate Investment Services™ sold 23rd Street Plaza, a 53,376 square-foot power center in Panama City, for $5.4 million.

30 Jan 2018

Matthews™ Brokers the Sale of $19.35M Walmart Supercenter on Behalf of DDR

Greenville, South Carolina — Matthews Real Estate Investment Services™ recently sold a 200,084 square-foot Walmart Supercenter NNN asset in Greenville for $19.35 million.

22 Jan 2018

Matthews™ Arranges the Acquisition of Apartment Complex in Tarzana for $8.3 Million

LOS ANGELES, CA — MATTHEWS REAL ESTATE INVESTMENT SERVICES™, the nation’s fastest-growing commercial real estate firm, completed the $8.3 million sale of Tarzana Villas, a 29-unit apartment property located in the city of Tarzana, CA.

09 Jan 2018

Matthews™ Brokers the Sale of 30-Unit Apartment Building in Los Angeles’ Hollywood Heights Neighborhood

LOS ANGELES, CA— MATTHEWS REAL ESTATE INVESTMENT SERVICES™ is pleased to announce the sale of the Hollywood Cozmo Apartments at 6871 Franklin Avenue. Located in the Hollywood Heights neighborhood of Los Angeles, the 30-unit apartment complex was sold for $8,625,000 at $287,500 per unit.

05 Jan 2018

Matthews™ Announces $8.9 Million Sale of Smart & Final Extra! in Colton, CA

Foreign Capital Continues to Invest in Sought After Southern California Commercial Real Estate

20 Dec 2017

Matthews™ Announces Sale of $5.472 Million La-Z-Boy in Yorba Linda, CA

Orange County Based Tenant Sells in Under Two Weeks at Full Asking Price Signifying Continued Demand for Big Box Retail

12 Dec 2017

Matthews™ Arranges the Sale of a 23-Unit Multifamily Asset in Sherman Oaks, CA

LOS ANGELES, CAMatthews Real Estate Investment Services™, the nation’s fastest growing real estate investment firm, has announced the sale of 4540 Hazeltine Ave, a 23-unit apartment property located in Sherman Oaks, CA. The asset sold for $7,750,000 which represented approximately $354 per square foot.

29 Nov 2017

MATTHEWS™ Markets for Sale Multifamily Buildings in Toluca Lake and Studio City, California

Los Angeles, CA (November 29,2017) –  MATTHEWS REAL ESTATE INVESTMENT SERVICES™, the nation’s fastest growing commercial real estate firm, has been exclusively engaged to market for sale two multifamily buildings in Studio City and Toluca Lake, California. The properties are located at 10851 Moorpark Street in Studio City and 10760 Hortense Street in Toluca Lake.

27 Nov 2017

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).

17 Oct 2017

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.

04 Oct 2017

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.

12 Sep 2017

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.

10 Aug 2017

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.

04 Aug 2017

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%.

02 Aug 2017

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.

27 Jul 2017

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.

16 May 2017

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.

25 Apr 2017

Matthews™ Asset Services Director Speaks at Oklahoma State University

National Director of Asset Services for Matthews Real Estate Investment Services, Tim Woods, visited the Stillwater campus to speak to Nancy Titus-Piersma’s Real Estate Finance class to share his experiences in the real estate industry.

05 Apr 2017

MATTHEWS™ LAUNCHES NEW DIVISION

Matthews Real Estate Investment Services™ has announced the launch of Matthews Asset Services (MAS), a new division devoted to applying  commercial real estate value creation and preservation strategies to the property operation challenges faced by real estate owners.

27 Feb 2017

MATTHEWS EXPANDS SHOPPING CENTER DIVISION WITH STRATEGIC NEW HIRE

Matthews Real Estate Investment Services™,  the nation’s fastest growing midsize commercial real estate firm, is pleased to announce the appointment of Scott Henard as Senior Vice President and Regional Director of Shopping Center business. Renowned as an industry expert on the principal side, Scott joins Matthew’s new Dallas office where he will be spearheading all multi-tenant retail transactions in the Central and Eastern Regions.

10 Feb 2017

Matthews Doesn’t Disappoint with Aggressive Growth Strategy

Matthews Real Estate Investment Services™ , the fastest growing midsize company in commercial real estate, announced it has expanded the firm’s national reach into the prestigious Preston Center Submarket of Dallas. Building upon the firm’s success in California with established offices in Costa Mesa and El Segundo, the new office space officially opened this month.

02 Feb 2017

Matthews Expands Southern California Footprint

Leading industry expert Aron Cline to serve as head of Costa Mesa office.

29 Apr 2016

Matthews Retail Advisors Executes Deal to Facilitate Non-Core Asset Strategy for PREIT

Matthews Retail Advisors™ has arranged the sale of Lycoming Mall in Pennsdale, PA for $26.4 million. The transaction was led by El Warner, National Director, and Patrick Toomey, Senior Director, who oversee the company’s Shopping Centers Division. Warner and Toomey represented the seller, Pennsylvania Real Estate Investment Trust (PREIT), who is in the process of unloading its 13 worst-performing assets. The buyer, Kohen Asset Management, is a privately held, New York based investment company that specializes in the acquisition and management of B & C malls across the United States. The transaction closed as originally negotiated within 30 days.

14 Apr 2016

Matthews Real Estate Investment Services Eliminates the Unknown with 1031 Private Client Advantage™ Program

Matthews Real Estate Investment Services™, a leading brokerage specializing in commercial real estate transactions for institutions, developers, and private clients, reports tremendous growth resulting from its 1031 Private Client Advantage™ program. Offering the industry’s only 1031 Exchange program, the company is encouraging private clients to expect more from their 1031 Exchange and, in turn, reshaping the way brokerages execute exchanges.

24 Feb 2016

Matthews Real Estate Investment Services Appoints David Harrington to Lead National Multifamily Division

Matthews Real Estate Investment Services™ is proud to announce the appointment of David Harrington as Executive Vice President and National Director of its Matthews Multifamily Advisors™ division. Effective this month, Harrington will lead the team of specialized brokers exclusively focused on serving the needs of institutional and private client multifamily investors and will continue to build the division to serve clients across the United States.

17 Feb 2016

Matthews Real Estate Investment Services Appoints El Warner to Serve Growth in Institutional Shopping Center Transactions

Matthews Real Estate Investment Services™, a leading brokerage firm specializing in commercial real estate transactions for institutions, developers and private clients today announced the appointment of El Warner as Executive Vice President and National Director of Shopping Center Business. Effective this month, Warner, alongside company Chairman and CEO Kyle Matthews and First Vice President and Senior Director of Shopping Center Business Patrick Toomey, will lead the shopping center institutional services group to meet the growing demand from the nation’s largest commercial real estate institutions. Warner will also help build a shopping center private client group on a national level, in addition to a specialized debt asset resolution team (D.A.R.T.) to serve private clients with their near-term debt maturity.

10 Sep 2015

Matthews Retail Advisors Restructures, Rebrands and Redefines what Clients Should Expect from a Commercial Real Estate Broker

Matthews Retail Advisors™ (formerly Matthews Retail Group, Inc.), a leading national commercial real estate brokerage service that specializes in retail investment properties has operationally restructured and rebranded, delivering a bold message to clients: Redefine Your Expectations! Matthews Retail Advisors will operate as a business unit of Matthews Real Estate Investment Services™. The new structure will facilitate future expansion into additional commercial real estate services.

18 Aug 2015

Matthews Retail Advisors Appoints Radoslav Zlatkov as Chief Financial and Operating Officer

Radoslav Zlatkov has joined Matthews Retail Group as chief financial and operations officer. The position is the first at the growing company. The former director of finance at Keurig Green Mountain Co., Zlatkov is known for helping to take Keurig from a $500 million company to $4.5 billion company. This career move is a transition back into real estate, which is the industry he studied at the University of Southern California’s Marshall School of Business, where he had a dual concentration in investment and financial markets and real estate.

27 Feb 2015

#1 Brokerage Team at Colliers International Starts 2015 Strong with the Trust of Investors

EL SEGUNDO, Calif. – The Matthews Retail Group closed over 110 transactions in 2014. In the first several weeks of 2015 they already have 48 deals in the pipeline. Leading the team is Kyle Matthews, Executive Vice President, who was named the #1 broker at Colliers International for 2014 out of over 12,000 brokers, nationwide. “I’m astounded at how much Kyle and his team has accomplished and how fast they have grown in less than three years. They are the hardest working team I have ever been associated with, which is proven by their immense success. Colliers is very excited to have the Matthews retail team onboard, and we can’t wait to see what they have in store for 2015,” explains John Hollingsworth, executive managing director for Colliers.

15 Oct 2014

Matthews Retail Group Projects Record-Breaking Close to 2014

EL SEGUNDO, Calif. — The Matthews Retail Group of Colliers International is on track to close over 110 transactions on over 200 individual properties, making them the most active retail investment-property brokerage team within a corporate platform in the country. Led by Kyle Matthews, Executive Vice President, the team, which specializes in STNL retail, shopping centers, portfolio disposition and 1031 Exchange transactions, has grown over 110% in 2014. Now, 10 agents and 8 marketing staff represent the fastest growing single brokerage team in the industry nationwide, with additional agents set to join the team in early 2015.