News and Events

Press Releases


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.

Events


03 Mar 2016

ICSC 2016 OAC SUMMIT

Join us in Scottsdale, AZ from March 2-4 as we host high-level, interactive discussions on the key trends, challenges, and opportunities that face landlords, retailers, brokers, and advisors of the Open Air Shopping Center Community.

07 Mar 2016

ICSC CAROLINAS

Join us at ICSC Carolinas in Charlotte, NC from March 7-8. The Matthews Retail Advisors team will be discussing industry trends, strategies, and opportunities that are of the utmost relevance to investors, brokers, retailers, and tenants.

14 Mar 2016

RESTAURANT FINANCE & GROWTH CONFERENCE

Join the Matthews Retail Advisors team from March 14-16 in Las Vegas, NV! Our team will be networking with franchise lenders and investors as we gather franchise companies plans for expansion, the effect those initiatives have on our clients, and the opportunities that these expansions present.

View All

In The News


30 Aug 2016

Part 1: Buyers Pull Back

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

Denver Natural Grocers Sold

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

How To Sell Hairy Hardees In Tertiary Markets

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.

03 Jun 2016

Presidential Election to Interest Rates: CRE Experts Weigh In

Where do you see the market headed for the rest of 2016? The presidential election is around the corner, the Fed could hike interest rates this month, and commercial real estate sectors are always in flux.

26 May 2016

3 Min. Retail Breakdown With Avison Young, Colliers, JLL, Lee and Matthews

5 big CRE names tackle 2 burning retail questions in 3 minutes at ICSC RECon 2016 in Las Vegas.

06 May 2016

Matthews Retail Arranges $4M Sale of Quincy Corners

Matthews Retail Advisors has arranged the $4 million sale of Quincy Corners, a 15,765-square-foot shopping center located in the Denver suburb of Aurora.

03 May 2016

Lycoming Mall in PA Sells for $26M

Matthews Real Estate Advisors represented seller Pennsylvania Real Estate Investment Trust (PREIT) in disposing of Lycoming Mall, an 806,788-square-foot retail center in Pennsdale, PA. Buyer Cohen Asset Management paid $26.4 million for the 96%-occupied mall.

02 May 2016

Matthews Retail Advisors Brokered Lycoming PA Non-Core Asset Sale For PREIT

Los Angeles-based Matthews Retail Advisors is helping PREITexecute its fire sale of 13 poorly performing properties as part of a strategic exit from non-core properties.

09 Mar 2016

Inside Retail RE With Matthews Real Estate Investment Services

Connect Media spoke with Matthews Real Estate Investment Services’ El Warner, who specializes in the disposition of institutional assets, to better understand the state of retail real estate. Warner is a panelist at Connect Retail West on March 16th at the Conga Room at LA Live.

02 Mar 2016

El Warner Moves to Matthews Real Estate Investment Services

El Warner, a 14-year industry veteran, has joined Mathews Real Estate Investment Group as the national director of shopping centers. Warner joins the firm from Colliers International, where he served as associate VP and was responsible for closing $1 billion in deals during his five-year tenure with the firm. In this new position, he will lead the shopping center institutional services group and as well as the national private client group. Moving from a larger firm, Warner was attracted to the entrepreneurial spirit of Matthews and the opportunity to leave his unique mark on the industry. To find out more about Warner’s decision to move to the new and burgeoning firm and his plans for the shopping center platform, we sat down with Warner for an exclusive interview.

22 Feb 2016

El Warner Joins Matthews RE Investment Services

El Warner has joined Matthews Real Estate Investment Services to head its shopping center business group as a national director based in the firm’s El Segundo, CA office.

17 Sep 2015

Baby Boomers Behind Active 1031 Exchange Market

Matthews Retail Advisors has publicly launched 1031 Private Client Advantage™, a program that helps 1031 exchange buyers develop a plan and get the most out of their commercial real estate. For the past six months, the program has had a trial launch with a select group of clients, and the results have been phenomenal. Now, the brokerage firm is ready to widely launch the program—which they say is game changing. It will help accommodate the high 1031 exchange traffic, which, according to Chad Kurz, Matthews Retail Advisors managing partner, has been an effect of retiring baby boomers looking for a more stable investment class. In this exclusive interview, we sat down with Kurz to talk about the active 1031 exchange market, the challenges for 1031 exchange buyers and how this new program is aimed to help.

15 Sep 2015

Matthews Retail Advisors Redefines Expectations

Matthews Retail Group has hit another major growth spurt. Currently the largest retail-focused brokerage firm in the country, the firm is 65 employees strong and experiencing more than double year-over-year growth in revenue. Now, the firm is rebranding as Matthews Retail Advisors, a move that includes a new logo and website (http://www.matthews.com). To find out about the rebrand and the firm’s strategy, we sat down with Eric Boyd, chief marketing officer, for an exclusive interview. Boyd proves the growth has been built on innovation without detouring from the firm’s homegrown philosophy—grounded by high-client service—that drove the company to success.

08 Sep 2015

Much More Than a Rebrand

Matthews Retail Group is rebranding as Matthews Retail Advisors, complete with an operational restructuring to expand into additional CRE services, the firm’s chief marketing officer Eric Boyd and chairman and CEO Kyle Matthews tell GlobeSt.com. We spoke exclusively with the two about the changes taking place, what prompted them and how the firm’s clients will be affected by all of it.

18 Aug 2015

Keurig Exec Joins Matthews Retail Advisors

Radoslav Zlatkov has joined Matthews Retail Advisors 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.

10 Jul 2015

Does Cap Rate Really Affect the Risk of an Investment?

Anyone investing in commercial real estate has a sense of what cap rate means. Sellers want to sell at the lowest cap rate possible. Buyers want the highest cap rate they can get without sacrificing security. But how does Cap rate really affect the risk of an investment? The exclusive column below by Chad Kurz, a managing partner at Matthews Retail Advisors, answers just that.

02 Jun 2015

Emerging Retail Leaders: Chad Kurz

It takes a special kind of individual to stand out from the crowd in a sector that’s exhibiting standout performance. The young professionals on the following pages represent the best and brightest in their field, with the expertise, savvy and potential necessary to bring the industry into the next phase of the cycle. These are commercial real estate’s

01 Jun 2015

No Longer Buying for Buying’s Sake

There’s busy and then there’s busy. In the days prior to the recession, it seems that investors were snatching up whatever they could get—buying for buying’s sake. It’s a new day, however, and Kyle Matthews, chairman and CEO of Matthews Retail Advisors, explains how there’s a new investment discipline pervading the market.  We caught up with Matthews at RECon for this exclusive video interview. You’ll also hear Matthews’ views on: Which investors are gravitating toward which assets; The importance of value-add to the REIT investor; Why we should all just relax a bit about cap rate compression fears.

12 May 2015

How Omni-Channel Retail Increases Efficiency

Smart retailers are realizing that consumers do their research online before entering the store, so they’re tweaking their digital and physical sales processes to provide a more efficient experience for both the retailer and the consumer, Matthews Retail Advisors Chairman and CEO Kyle Matthews tells GlobeSt.com. We spoke with Matthews exclusively about brick-and-mortar leasing trends as well as creative ways retailers are using omni-channel retailing to increase sales.

06 May 2015

What Seasoned Brokers Bring to the Table

“When considering a broker, never forget ’It takes a year to get a year’s experience,’” Patrick Toomey, Managing Partner with Matthews Retail Advisors, tells GlobeSt.com. We spoke with Toomey exclusively about what an experienced broker or team adds to the business and how to avoid pitfalls when hiring a broker.

06 Aug 2013

Interest Rate Gains Nick Property Values

Since low rates helped the recovery in pricing as much as anything, “much depends on where interest rates go,” says Green Street’s Rothemund.

22 Mar 2013

Patrick Toomey Joins Colliers International

Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com has learned exclusively that Patrick Toomey has joined Colliers International as a SVP. The move adds strategic depth to Colliers’ investment capabilities on the West Coast.

18 Jan 2013

Colliers Hires Matthews and Team for West Coast Retail

Colliers International has hired Kyle Matthews and team from Marcus & Millichap’s National Retail Group. The team specializes in investment sales of retail properties across the U.S., with an emphasis on the West Coast.

15 Oct 2012

Shopping Center Fetches $12M

GlobeSt.com has learned exclusively that a regional real estate developer has sold Riverview Place, a 45,525-square-foot shopping center in the Newhall district here, to a Southern California-based private investor for $12.5 million, which equates to $275 per square foot. The sale was subject to the assumption of a CMBS loan.

07 Aug 2012

Albertson’s Anchored Center Changes Hands

Many of you may have seen a post teasing the announcement, but GlobeSt.com has exclusively learned that the Glendora Shopping Center has changed hands for $14.8 million. The center, located at 133 W. hwy. 66 is approximately 107,000 square feet and tenants include Albertson’s and Ace Hardware, among others.