In the News

Modern glass office tower facade representing Matthews H1 2026 commercial real estate growth and technology expansion

Matthews™ Delivers Broad-Based Growth in H1 2026 Amid Tech Expansion

NASHVILLE— Matthews™, a commercial real estate investment services and technology firm, ended the first half of 2026 with strong momentum across its national platform, driven by increased transaction activity, strategic market expansion, and continued investment in talent and infrastructure. During the first six months of 2026, transaction volume and deal count across investment sales, leasing, and debt financing increased nearly 34% year-over-year, outpacing the single asset investment sales market, which grew 15% over the same period. The firm’s momentum was fueled by exceptional performances across the firm’s retail and healthcare service lines. Matthews™’s in-house intelligence CRM, Artemis, reached new heights during the first half of the year, further advancing the firm’s vision for a smarter approach to client advisory. Artemis combines proprietary commercial real estate intelligence with AI, giving agents real-time data, market insights, and workflow execution in a single connected ecosystem, enabling them to deliver more strategic, data-driven advisory tailored to each client’s investment objectives. Backed by a 220% increase in the firm’s engineering division since 2022, Matthews™ continues expanding its in-house technology capabilities and investing in the future of AI-driven brokerage. Matthews™ increased agent headcount by 25% during the first half of the year, further strengthening its executive leadership through several strategic hires. Among the additions were Tom Gammino and Clint Olsen in New York, Nick Lore in Charlotte, Austin Sweet in St. Louis, Francisco Nacorda in Fort Lauderdale, and Bryce Smith in Dallas. Sector Performance and Transaction Spotlights Matthews™ posted broad-based gains in H1 2026, supported by strong investor demand and double-digit transaction volume growth across every region. Industrial ranked as the firm’s largest sector by transaction volume, while healthcare emerged as one of the firm’s fastest-growing sectors, up 135% year-over-year. New office openings in Charlotte and Washington, D.C., along with an expanded presence in New York, further strengthened the firm’s presence in some of the nation’s fastest-growing markets. Retail: All-Cash Sale of $30M Walmart Portfolio Healthcare: $22.5M Acquisition Loan of Four-Property Medical Office Portfolio Industrial: $15.7M Disposition of Industrial Property Multifamily: $30M Disposition of 144-Unit Workforce Housing Community Self-Storage: All-Cash Sale of Class A Self-Storage Portfolio Hospitality: $9.2M Sale of Hampton by Hilton Leasing: Chamberlain Coffee Commits to 10-Year Lease for First Flagship Store “When the market slowed, most firms pulled back. They cut platform, cut people, cut investment. We did the opposite. We kept building, kept hiring, and kept putting capital into the technology and infrastructure that make our agents better advisors,” said President David Harrington. “Now the market is showing signs of life, and the results speak for themselves. Growing nearly 34% and outpacing the broader market is not luck. It is the payoff for playing offense while everyone else played defense. Our agents have more tools and more support than at any point in our history, and our clients are the ones who benefit most.” Moving into the second half of the year, Matthews™ remains committed to recruiting top industry talent, expanding service lines into key growth markets, and delivering specialized investment sales, leasing, and capital markets solutions across the country. Technology will remain central to that growth, with Artemis continuing to evolve through expanded AI-powered automation, intelligent workflows, and enhanced platform capabilities that further streamline execution and empower agents. “The firms that win in commercial real estate will be the ones that put the best technology directly into their brokers’ hands. With Artemis, we’ve built an AI-native platform from the ground up, one that helps our agents move faster, serve clients better, and scale into new markets without losing the personal expertise that sets Matthews apart,” said Duerk Brewer, Chief Operations Officer. “We’ve also made a big investment in our tech division, including the recent addition of Quinn Finney as our new VP of AI and Engineering. That combination of technology and talent is what we’re building on, and I’m really looking forward to the next six months and beyond.” Source: MSCI Real Capital Analytics (RCA). For more information, please contact a Matthews™ specialized agent or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

David Harrington

President

7/30/26

Exterior of the medical office building at 22270 Eucalyptus Avenue in Moreno Valley, California, financed through a Matthews Capital Markets medical office building loan

Matthews™ Capital Markets Secures $6.05M Loan for Newly Built Multi-Tenant MOB in California

LOS ANGELES, CA—Matthews™ Capital Markets (MCM), a fully integrated and dedicated financing division of Matthews™, represented the borrower in the financing for a medical office building located at 22270 Eucalyptus Avenue in Moreno Valley, California. Matthews™ First Vice President Geoffrey Arrobio facilitated the $6,050,000 transaction. Located in Moreno Valley, the 20,337-square-foot medical office building serves the growing healthcare needs of the Inland Empire. The property’s established medical tenancy and strategic location provide stable long-term cash flow while benefiting from the region’s continued population growth and increasing demand for outpatient healthcare services. The financing was structured with a fixed interest rate below 5.75%, enabling a 100% payoff of the existing construction loan while maximizing loan proceeds. Recognizing the unique positioning of a medical office asset outside Southern California’s traditional healthcare investment markets, Arrobio identified the financing solution best aligned with the property’s characteristics, delivering a seamless execution from start to finish. “Working with a repeat borrower who values strong execution on more complex transactions has been incredibly rewarding,” Arrobio said. “This marks my fifth transaction with this long-term client, who continues to appreciate the legwork and certainty of execution we bring to every deal.” For more information, please contact Geoffrey Arrobio or visit www.matthews.com. About Matthews™ Capital Markets The Matthews™ Capital Markets (MCM) is a fully integrated and dedicated financing division of Matthews™. MCM provides capital solutions for all property types across the U.S.

Geoffrey Arrobio

First Vice President

7/30/26

Matthews™ Executives Named The 2026 Indispensables by LABJ

LOS ANGELES, CA— Matthews™ is proud to announce that VP of Operations Julia Leonard, Senior VP & National Director of Retail Leasing Michael Pakravan, and Managing Director Erik Vogelzang have been recognized by the Los Angeles Business Journal as recipients of its inaugural The Indispensables 2026 award. The recognition honors exceptional professionals whose leadership, expertise, and day-to-day contributions play a vital role in the success of their organizations. The Los Angeles Business Journal created The Indispensables to spotlight the trusted leaders, innovators, operators, and problem-solvers who drive organizational performance, strengthen company culture, and help businesses thrive behind the scenes. As Vice President of Operations, Julia Leonard serves as the operational backbone of Matthews™’ national brokerage platform, overseeing sales operations, data services, loan processing, and underwriting while leading the systems, processes, and teams that support the firm’s continued growth. Over the past two years, she has expanded her division by 200% and driven a 78% increase in senior-level recruiting, helping strengthen the infrastructure behind one of the industry’s fastest-growing commercial real estate firms. Recognized for her innovative, strategic, and forward-thinking leadership, Leonard continues to leverage technology, AI, and process innovation to improve efficiency, empower colleagues, and position Matthews™ for long-term success. As Senior Vice President and National Director of Retail Leasing, Michael Pakravan leads Matthews™’ national retail leasing platform, overseeing a team of more than 30 agents while consistently executing 80 to 90 transactions annually. With nearly 25 years of industry experience and deep roots throughout Los Angeles, Pakravan is known for his market expertise, strategic insight, and relationship-driven approach that extends well beyond the closing table. His commitment to supporting both landlords and tenants throughout every stage of the leasing process, combined with his passion for strengthening local communities, has established him as a trusted advisor and one of the industry’s most respected retail leasing professionals. As Managing Director of the Matthews™ El Segundo office, Erik Vogelzang plays a pivotal role in the firm’s continued growth, leading recruiting, training, and professional development initiatives while overseeing the office’s day-to-day operations. In addition to fostering Matthews™’ collaborative culture and implementing strategic company initiatives, Vogelzang has built a distinguished investment sales practice, advising developers, REITs, corporations, franchise operators, private equity firms, and private investors on complex commercial real estate transactions. His leadership, industry expertise, and client-first approach have established him as a trusted advisor and a driving force behind the success of both his clients and the El Segundo office. This recognition reflects the firm’s continued commitment to building a culture that empowers talented professionals, encourages innovation, and invests in the people whose leadership drives the firm’s long-term success. Click here to learn more about the Los Angeles Business Journal’s The Indispensables 2026 awards and its recipients.

Aerial view of the four-property Hudson County multifamily portfolio sold by Matthews in Union City and West New York, NJ

Matthews™ Successfully Executes Disposition of Four-Property Hudson County Multifamily Portfolio

JERSEY CITY, NJ—Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of a four-property multifamily portfolio located across Union City and West New York, New Jersey. Matthews™ Senior Vice President & Director David Ferber represented the buyer and seller in the $3,170,000 transaction. Located in the heart of Hudson County, just minutes from Midtown Manhattan, the portfolio totals 27 apartment units across four multifamily buildings. Approximately 89% of the units are two-bedroom apartments, with the remaining 11% consisting of one-bedroom units, offering a highly desirable unit mix in one of Northern New Jersey’s most supply-constrained rental markets. Seeking to efficiently exit a portion of its Hudson County multifamily portfolio, the seller engaged Ferber to execute a strategic marketing process designed to maximize value while providing certainty of close. Leveraging its extensive network of local multifamily investors, Matthews™ generated nearly 10 competitive offers over a 45-day campaign and directly sourced an active local investor pursuing a long-term strategy to expand its multifamily presence in the neighborhood. The portfolio’s immediate scale, premier Hudson County locations, and strong long-term rental fundamentals aligned with the buyer’s acquisition objectives, allowing Ferber to successfully complete all four closings over a two-week period. “This sale demonstrates that well-located multifamily assets continue to command significant investor interest, even in today’s market,” Ferber said. “The combination of exceptional locations, quality brick construction, and the ability to acquire meaningful scale through one portfolio made this a compelling opportunity. Pair that with convenient access to Manhattan and strong long-term rental demand, and buyers were willing to compete aggressively.” For more information, please contact David Ferber or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

David Ferber, CPA

Senior Vice President & Director

7/29/26

Aerial view of the industrial outdoor storage facility at 234 E Mohave St in Phoenix, site of Matthews' Phoenix industrial outdoor storage acquisition

Matthews™ Executes Phoenix IOS Acquisition to Support Owner-User Growth

PHOENIX, AZ—Matthews™, a commercial real estate investment services and technology firm, represented the buyer in the acquisition of an industrial outdoor storage (IOS) facility located at 234 E Mohave St in Phoenix, Arizona. Matthews™ First Vice President John Stroud facilitated the $8,500,000 transaction, marking the third-highest sale price for an industrial property within the SC N of Salt River submarket in the last year. Located within the MSA’s premier industrial corridor, the asset is ideally positioned near Phoenix Sky Harbor International Airport, offering convenient access to Interstates 10 and 17, Loop 202, and key regional transportation routes. The property offers 5,000-square-feet of office space and 26,141-square-feet of warehouse and manufacturing space, creating a functional balance between administrative and operational uses. Situated on a 3.88-acre lot, the IOS facility features A-1 zoning and a newly paved and secured outdoor yard. After introducing the purchaser for the buyer’s previous facility, Stroud remained a trusted advisor as the owner-user, a concrete-plastering company, sought a larger property to support its expanding operations. Leveraging his extensive knowledge of the local industrial market, Stroud identified the recently renovated asset as an ideal fit, offering the infrastructure, outdoor storage, and move-in-ready condition needed to support the company’s continued growth. Through proactive communication and established lending relationships, Stroud ensured a seamless closing, allowing the seller to capitalize on their value-add strategy while providing the buyer with a move-in-ready facility requiring minimal capital improvements. “The best transactions come from understanding your client’s business beyond a single deal,” said Stroud. “Having worked with this owner previously, we knew exactly what they needed in their next facility and were able to identify a property that supported both their immediate operations and long-term growth.” For more information, please contact John Stroud or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

John Stroud

First Vice President

7/22/26

Exterior view of Hidden Springs of McKinney, a senior living community in McKinney, Texas

Matthews™ Expands into Senior Housing with Off-Market Acquisition of Award-Winning Senior Living Community in DFW

DALLAS, TX—Matthews™, a commercial real estate investment services and technology firm, represented the buyer in the acquisition of Hidden Springs of McKinney, an award-winning senior living facility located at 6421 McKinney Ranch Pkwy, in McKinney, TX. Matthews™ Senior Associate Noah Lindon, Senior Vice President Matthew Wallace, and First Vice President and Director Jonah Yulish represented the buyer in the transaction. Situated in the Allen/McKinney submarket of North Dallas, Hidden Springs of McKinney is a 198-unit community built in 2020, offering independent living, assisted living, and memory care residences on a 100% private-pay basis. The community was named a 2025 Best Memory Care recipient by U.S. News & World Report, underscoring its strong reputation in a submarket where demand for high-quality senior housing continues to climb. The buyer, a joint venture between a Dallas-based real estate investment and development firm focused exclusively on healthcare and senior living and a global alternative investment manager with a dedicated real estate platform, moved forward with the deal to expand its senior housing footprint across Texas as it brings a new operating platform online. Matthews™ leveraged its industry relationships and proprietary database to surface the off-market opportunity and bring it to the buyer directly. From there, Matthews™ maintained diligent communication with both parties, resulting in a successful transaction. “High-quality senior housing assets continue to attract significant investor interest, particularly those with strong operational fundamentals and modern construction,” Lindon said. “This transaction is a good example of what proactive sourcing and diligent negotiation can accomplish in today’s competitive market.” For more information, please contact Noah Lindon, Matthew Wallace, and Jonah Yulish or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Noah Lindon

Senior Associate

7/21/26

Hoboken mixed-use property sale at 94 River Street facilitated by Matthews™

Matthews™ Drives Competitive Sale of Hoboken Mixed-Use Property at 95% of Asking Price

JERSEY CITY, NJ—Matthews™, a commercial real estate investment services and technology firm, represented the buyer and seller in the $2,802,000 disposition of a mixed-use property located at 94 River Street in Hoboken, New Jersey. Matthews™ Senior Vice President & Director David Ferber facilitated the transaction. Situated along River Street in the heart of Downtown Hoboken, the asset is one block from the waterfront and a two-minute walk from the Terminal PATH station, providing direct access to Manhattan in under 10 minutes. The four-story building features 3,401 square feet of ground-floor and second-floor commercial space, along with four 650-square-foot, one-bedroom residential apartments on the upper floors. The seller, a long-term client, elected to dispose of this asset as it represented their final property in New Jersey before relocating to Florida. Despite having previously languished on the market with other brokerages, Matthews™ successfully generated over eight competitive offers within 45 days of marketing the property. Through a relationship cultivated over several years, Ferber directly sourced the neighboring property owner, whose familiarity with the market and adjacent ownership positioned them to capitalize on the property’s value-add potential. The transaction closed at 95% of the asking price without contingencies. “This sale reinforces that well-located assets continue to attract strong demand,” Ferber said. “A building in a prime location just a few blocks from transportation into NYC generated significant buyer interest despite a compressed cap rate and some vacancy, resulting in a highly competitive marketing process.” For more information, please contact David Ferber or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

David Ferber, CPA

Senior Vice President & Director

7/21/26

Veterinary hospital portfolio disposition properties in Illinois, representing the veterinary portfolio disposition Illinois transaction by Matthews.

Matthews™ Sets Illinois Pricing Record with $21.7M Veterinary Portfolio Disposition

CHICAGO, IL—Matthews™, a commercial real estate investment services and technology firm, represented the seller in the $21,700,000 disposition of a three-property veterinary hospital portfolio located across Illinois. Matthews™ Executive Vice Presidents and Senior Directors Michael Moreno and Rahul Chhajed, and Senior Vice President and Director Andrew Evans completed the transaction, which marked the highest sale price for a veterinary portfolio sold in Illinois in the last four years. Spanning 25,902 square feet, the portfolio is strategically positioned within the high-barrier-to-entry Chicago suburbs of Hinsdale, Downers Grove, and Oswego. The assets are 100% leased to one of the largest pet healthcare operators in North America, providing stable cash flow backed by mission-critical veterinary healthcare real estate. “Our longstanding relationships in the veterinary sector, combined with our continuous deal flow, enabled us to structure a negotiated package transaction that created a compelling outcome for both sides and ultimately drove a successful closing,” Chhajed said. Looking to monetize its real estate holdings, the veterinarian ownership group engaged Matthews™ to facilitate the disposition, recognizing the firm’s extensive experience and proven track record within the sector. Executed off-market, Matthews™ leveraged its extensive national investor network to source a qualified buyer seeking long-term veterinary hospital assets, maximizing value for the seller while helping the buyer expand its portfolio. “This transaction is another example of why our veterinary real estate team continues to be the go-to choice for owners looking to maximize value in this sector,” Evans said. “Our deep market knowledge and client-focused approach consistently deliver exceptional results.” “The momentum we’ve built in the veterinary real estate sector reflects our deep understanding of the market and the relationships we’ve developed over time,” Moreno said. “Our priority is always to position our clients for the strongest possible outcome, regardless of market conditions or transaction complexity.” For more information, please contact Michael Moreno, Rahul Chhajed, and Andrew Evans, or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Michael Moreno

Executive Vice President & Senior Director

7/16/26

Aerial view of an IOS portfolio acquisition in Texas and Oklahoma featuring industrial outdoor storage properties

Matthews™ Connects Institutional Buyer in Off-Market Acquisition of IOS Portfolio Across TX and OK

DALLAS, TX—Matthews™, a commercial real estate investment services and technology firm, represented the buyer in the successful acquisition of an industrial outdoor storage (IOS) portfolio located across Texas and Oklahoma. Matthews™ First Vice President & Associate Director Andrew Wiesemann facilitated the transaction. Two of the three properties are located within the Dallas-Fort Worth metroplex, which remains one of the most liquid and sought-after industrial outdoor storage markets in the nation. The portfolio expands into Tulsa, an emerging secondary market attracting increasing investor interest. Spanning approximately 30.37 acres and 129,141 square feet, the portfolio features buildings with multiple grade-level doors and clear heights ranging from 20 to 26 ft. Executed as a direct, off-market transaction, Matthews™ leveraged deep industry relationships and extensive market knowledge to directly connect with a well-capitalized, motivated buyer. Zenith IOS, in partnership with J.P. Morgan Asset Management, acquired the portfolio to further expand its industrial outdoor storage aggregation strategy across multiple markets. Matthews™ maintained diligent communication with both parties throughout the transaction, coordinating the legal, zoning, and transactional requirements to achieve a successful outcome for the buyer and seller. “Institutional investors continue to pursue portfolios that balance established markets with emerging opportunities, creating both immediate scale and long-term growth potential,” Wiesemann said. “Transactions like this allow buyers to accelerate portfolio growth through a single acquisition while providing sellers with an efficient path to achieving their investment objectives.” For more information, please contact Andrew Wiesemann or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Andrew Wiesemann

First Vice President & Associate Director

7/16/26

Aerial view of the CVS Pharmacy building in Nashville's Green Hills market, the site of the CVS Nashville sale for $13.6 million

Matthews™ Closes One of the Nation’s Highest-Priced CVS Transactions at $13.6 Million

NASHVILLE, TN—Matthews™, a commercial real estate investment services and technology firm, represented the buyer and the seller in the disposition of a CVS located at 3715 Hillsboro Pike in Nashville, TN. The transaction marked the second-highest sale price for a CVS sold in the United States within the last year. Matthews™ Senior Vice President & Senior Director Clay Smith represented the seller, and Associate Vice President Ben Burnett represented the buyer. Situated in the Green Hills market, the property occupies a prominent corner lot adjacent to The Mall at Green Hills, Nashville’s premier shopping destination, serving one of the city’s most affluent trade areas with an average household income exceeding $225,000 within a three-mile radius. Leased to CVS Pharmacy under a 20-year absolute NNN lease with a corporate guaranty from CVS Health, the asset provides investors with long-term income security backed by one of the nation’s largest pharmacy operators. The seller, Five Star Development, Inc., a merchant developer, brought the property to market following the asset’s lease-up and monetization, seeking to redeploy capital into future projects. Leveraging deep industry relationships, the buyer, a local 1031 exchange buyer and trusted repeat client, was attracted to the asset’s long-term passive income in a high barrier-to-entry market. During due diligence, Matthews™ coordinated with a separate ownership entity of the site’s adjacent parcel to secure the necessary approvals required to close the transaction, while also navigating an active construction timeline and a planned roadway realignment that will add approximately 0.37 acres of parking to the overall site. To facilitate the upleg, Matthews™ Capital Markets secured non-recourse financing at 70% loan-to-value with a 25-year amortization and 5-year fixed-rate term. Through consistent communication and collaboration between all parties, the transaction closed, achieving favorable terms and pricing for the seller while meeting the buyer’s 1031 upleg identification deadline. “Green Hills is one of the most coveted retail markets in the country, and assets of this caliber simply don’t come available often. This was a complex deal with a lot of moving parts, but that’s where Matthews thrives,” Burnett said. “The collaboration between investment sales, capital markets, and transaction management enabled us to swiftly navigate every potential challenge and deliver successful outcomes for the buyer and seller.” For more information, please contact Clay Smith, Ben Burnett or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Clay Smith

Senior Vice President & Senior Director

7/13/26

Key West Plaza grocery-anchored shopping center in Visalia, CA

Matthews™ Closes $15.4M Disposition of Second Save Mart-Anchored Shopping Center in Visalia in 18 Months

FRESNO, CA—Matthews™, a commercial real estate investment services and technology firm, represented the buyer and seller in the disposition of Key West Plaza Shopping Center, located at 5151 W Goshen Ave in Visalia, CA. Matthews™ Senior Vice President and Director Matt LoPiccolo and Associate Carter Hamilton facilitated the $15,400,000 transaction, marking the firm’s second sale of a Save Mart-anchored shopping center in Visalia within the last two years. Strategically positioned just off State Route 198, the 84,500-square-foot shopping center serves as a primary retail destination within the Northwest Visalia submarket and benefits from approximately 58,000 vehicles per day. The 98% occupied center is anchored by a top-performing Save Mart and features a complementary mix of national, service-oriented, and daily-needs tenants, including Starbucks, Chase Bank, UPS, and State Farm. The seller, a private family that had owned and operated the center for over four decades, decided to divest the asset as part of a long-term capital strategy. Leveraging its deep relationships with qualified shopping center investors, Matthews™ executed a targeted marketing campaign that generated interest from experienced buyers nationwide, including institutional buyers and grocer-anchored specialists. The directly sourced buyer, a seasoned family office completing a 1031 exchange, sought to expand its local portfolio and was attracted to Key West Plaza’s long-term fundamentals and stable, necessity-based tenant mix. The transaction further strengthens the firm’s presence in the Central Valley, where the firm ranks as the No. 1 buyer’s broker in the Visalia retail market with an 18.4% market share and among the top four sellers’ brokers with a 10.7% share of transaction volume. “The best outcomes don’t happen by chance; they come from understanding the market, controlling the narrative, and executing a disciplined business plan,” LoPiccolo said. For more information, please contact Carter Hamilton and Matt LoPiccolo or visit www.matthews.com. David Harrington License No. 02168060 (CA) About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Matt LoPiccolo

Senior Vice President & Director

7/10/26

North Hollywood industrial property warehouse building at 11640 Hart Street

Matthews™ Secures North Hollywood Industrial Acquisition in Under 60 Days

LOS ANGELES, CA—Matthews™, a commercial real estate investment services and technology firm, represented the buyer, All Access Rentals, in the acquisition of an industrial property located at 11640 Hart Street in North Hollywood, California. Matthews™ First Vice President & Senior Director Chris Nelson, Vice President Jacob Castro, and Associate Vice President & Associate Director Ben Turner facilitated the $7,825,000 transaction. Located within the East San Fernando Valley submarket, the asset benefits from convenient access to State Route 170 and is strategically positioned near the region’s key entertainment, manufacturing, and logistics hubs. The 34,663-square-foot industrial facility features M2 zoning, clear heights from 24 to 38 feet, three grade-level loading doors, and a secured fenced yard. All Access Rentals, a construction equipment rental company with an established presence in San Diego County, acquired the property to expand its footprint into the Los Angeles market. Having worked with the buyer on multiple transactions, Matthews™ understood its specific zoning, functional, and ingress and egress requirements. Leveraging local market expertise and the firm’s proprietary database, Matthews™ identified an opportunity that aligned with the company’s operational needs for expansion. Through close coordination with both parties and third-party vendors, Matthews™ facilitated the early removal of contingencies, allowing the transaction to close in under 60 days at $225.75 per square foot. “In today’s supply-constrained industrial market, success comes down to knowing where the right opportunities exist and acting decisively,” Nelson said. “We’re excited to welcome All Access Rentals’ expansion into North Los Angeles and look forward to supporting its continued growth in the region.” For more information, please contact Chris Nelson, Ben Turner, Jacob Castro or visit www.matthews.com. David Harrington License No. 02168060 (CA) About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Chris Nelson

First Vice President & Senior Director

7/9/26

Why Matthews ™ is Deepening Its Commitment to New York

New York remains one of the most competitive and consequential commercial real estate markets in the world. In a cycle defined by uncertainty, rising interest rates, and a dramatic repricing of assets across property types, New York has continued to reward operators. The market tells a story of persistence, conviction, and a refusal to stay down for long. That is precisely why Matthews™ is here. And why we’re building for the long term. The Market of Opportunity The story of New York CRE in this cycle is not one of retreat, it is one of repositioning. Capital is migrating toward assets with durable income and operators who can execute with precision. Private clients are moving faster than institutions. Family offices and high-net-worth investors are finding opportunities in the dislocation that larger funds cannot access at speed. The industrial sector may be working through a supply hangover, but long-term demand drivers remain firmly intact thanks to a massive consumer base, world-class Port of New York and New Jersey connections. Smaller bay industrial properties are leasing faster and holding up better as tenants chase functional infill space close to consumers. Retail is doing what New York retail always does—surviving, reinventing itself, and somehow thriving. It is going through a genuine reset in small corridors. Small-shop spaces in prime corridors remain fiercely competitive, tourism is back, and experiential concepts, restaurants, and apparel users are keeping leasing momentum alive. Add in historically low retail availability, over $1 billion in quarterly retail sales, and a multifamily market with 7% rent growth and vacancy sitting at just 3%, and New York looks less like a market in trouble and more like a city catching its breath before the next sprint. The Northeast represents a concentration of private wealth, institutional capital, and commercial activity that few markets in the country can match. For Matthews™, this environment represents a genuine opportunity. Not to chase headlines, but to build something meaningful in a market that demands it. Building a Long-Term Presence Matthews™ commitment in New York predates this office. Our agents have been actively working in the market, building relationships, closing transactions, and learning the nuances of a city that rewards genuine engagement over fly-in, fly-out brokerage. Since formalizing our presence in the region, the office has grown steadily, adding professionals with deep local roots and cross-market capability. The collaboration between our New York professionals across our national platform has already produced results for clients who need both local market knowledge and access to a broader pool of capital and inventory. We are recruiting selectively and deliberately prioritizing individuals who understand that long-term client relationships are built through consistency and an unwillingness to cut corners. That culture does not happen by accident. It is built person by person, transaction by transaction. Why the Office Matters A physical presence in Manhattan is not just a real estate decision. It is a commitment to our clients, to the professionals who join us, and to the market itself. The expanded office gives us a larger base that reflects how Matthews™ works: collaboratively, rigorously, and with the conviction that the best outcomes are achieved when people are in the room together. It creates infrastructure for the growth we anticipate and signals to the market that Matthews™ is not just passing through. Looking Ahead We will continue to grow in New York, recruiting across investment sales, leasing, capital markets, and advisory. We are looking for people who want to be part of something being built, not just something that already exists. The broader CRE environment will remain complex. But complexity is where Matthews™ has always found its footing. The clients who need us most, navigating a market in transition, seeking advisors that are both transactionally capable and strategically grounded, these are exactly who this office was built to serve. New York is a long-term bet. We are making it with full conviction.

Manufacturing facility in the Mid-Atlantic involved in a sale-leaseback transaction

Matthews™ Completes Sale-Leaseback of Specialized Manufacturing Facility in the Mid-Atlantic

UNITED STATES—Matthews™, a commercial real estate investment services and technology firm, facilitated a confidential sale-leaseback involving a sponsor-backed lumber and industrial processing company operating from a specialized manufacturing facility in the Appalachian region. Matthews™ Vice President Aria Pournazarian, Senior Associate Thiago Delia, and Associates Brody Hess and Adam Rose advised on the $14.5 million transaction. Spanning approximately 360,000-square-feet across 40-acres, the facility serves as a mission-critical component of the company’s operations. The assignment originated following a broader recapitalization of the operating company. While ownership viewed the real estate as a passive asset, Matthews™ identified an opportunity to unlock additional value through a strategic restructuring of the company’s real estate and lease economics, benefiting both the founder and the sponsor. Despite its rural location, specialized improvements, and limited alternative-use profile, the Matthews™ agents successfully repositioned the asset for institutional capital through a long-term sale-leaseback structure. Institutional investor interest was driven by the strength of the operating business, including durable cash flows, strong margins, diversified exposure across lumber, biomass, building materials, and industrial end markets, and the mission-critical nature of the facility. “We’re seeing a growing number of institutional investors evaluate sale-leaseback opportunities through the lens of business performance and credit quality rather than real estate fundamentals alone,” said Pournazarian. “This transaction is a prime example of how strong operating companies can unlock value from specialized facilities while attracting sophisticated long-term capital.” The transaction created liquidity for ownership while simultaneously injecting capital into the operating company. By restructuring the lease, Matthews™ also reduced annual occupancy costs by approximately 30%, resulting in meaningful EBITDA enhancement and increased enterprise value for shareholders. This allowed the operating company to secure a lower long-term cost of capital as opposed to conventional financing alternatives, while maintaining complete operational control of the facility. Matthews™ Corporate Advisory advises operators, founders, and financial sponsors on sale-leaseback execution, real estate monetization, and strategic capital solutions. For more information, please contact Aria Pournazarian, Brody Hess, Thiago Delia, and Adam Rose or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Aria Pournazarian

Vice President

7/8/26

Lewisville Business Park industrial property, sold by Matthews in a 1031 exchange transaction.

Matthews™ Facilitates Sale of Lewisville Business Park in Texas

DALLAS, TX— Matthews™, a commercial real estate investment services and technology firm, completed the sale of an industrial facility, located at 980 E State Highway 121 in Lewisville, Texas. Matthews™ Vice President Drew Boroughs and Associate Brady Beasley represented the seller in the transaction. Lewisville Business Park is a 37,040-square-foot Class A industrial showroom and flex property situated along State Highway 121 in the Dallas-Fort Worth Metroplex. The property benefits from prime visibility, seeing approximately 46,000 vehicles per day and 540 feet of highway frontage, positioning it well within one of the strongest industrial markets in the country. Built in 2020, the fully leased asset features five tenants on brand-new five-year leases across a diverse mix of industrial and showroom uses. The seller, GT3 LLC, elected to bring the property to market as a strategic portfolio restructuring. Through a targeted, hands-on marketing approach, the Matthews™ agents created a competitive bidding environment, generating multiple offers and ultimately driving pricing and terms that exceeded the seller’s expectations. The buyer, SLV Investment Company LLC, saw the asset as an up-leg in a 1031 exchange, looking to expand its industrial portfolio in the DFW market. Throughout the transaction, Matthews™ recommended restructuring the existing leases into an NNN-style lease structure, delivering stronger pricing for the seller while positioning the asset as a more attractive and secure long-term investment for the buyer. “The Matthews culture is rooted in going the extra mile for our clients, and this transaction was a great example of that,” Boroughs said. “From cold calls and door knocking to targeted email campaigns, we were committed to bringing the best and most qualified buyers to the table to deliver the strongest possible outcome for our client.” For more information, please contact Drew Boroughs and Brady Beasley or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Drew Boroughs

Vice President

7/6/26

Northcliffe Center, a medical-anchored shopping center in Spring Hill, FL

Matthews™ Completes Strategic Disposition of Medical-Anchored Northcliffe Center in Florida

TAMPA, FL—Matthews™, a commercial real estate investment services and technology firm, completed the sale of a medical-anchored shopping center located at 8365 Northcliffe Blvd in Spring Hill, FL. Matthews™ Associate Andrew Doerr and First Vice President & Associate Director Jake Lurie represented the seller in the $7,950,000 transaction, which marked the second-highest sale price for a retail property in the Hernando County submarket. Northcliffe Center is strategically positioned along Northcliffe Boulevard just off U.S. Highway 19, which sees more than 45,000 vehicles per day, offering exceptional visibility and accessibility within one of Spring Hill’s dominant retail corridors. Anchored by Tampa General Medical Group, the physician practice network of Tampa General Hospital, the property benefits from a strong healthcare presence that drives consistent daily traffic and supports long-term tenancy. The 100% occupied center features nine tenants, seven of whom operate under gross lease structures, providing stable in-place cash flow while creating opportunities to enhance expense recoveries through future lease restructuring. Northcliffe Center also includes a 0.8-acre outparcel, offering additional potential for future development and long-term value enhancement. The seller, a physician ownership group, brought the property to market as part of a broader retirement-planning strategy. Matthews™ implemented a targeted marketing campaign focused on qualified shopping center investors, leveraging its market expertise and extensive industry relationships to generate immediate interest. Through proactive outreach and strategic buyer selection, Matthews™ sourced a well-capitalized local operator whose acquisition criteria closely aligned with the property’s fundamentals, reducing execution risk and creating confidence in the buyer’s ability to perform. By aligning the interests of 10 individual owners and navigating a due diligence process that included the collection of multiple tenant estoppels and SNDAs, Matthews™ successfully guided the transaction from listing to closing in approximately three months while achieving the seller’s net proceeds objectives. “Assets anchored by nationally recognized healthcare providers continue to attract strong investor interest, particularly when combined with full occupancy and opportunities for future value creation,” said Lurie. “Northcliffe Center checked all of those boxes. By identifying the right buyer early and maintaining close communication among all parties, we were able to execute an efficient transaction that delivered a successful outcome for our client.” The buyer, Foresight Property Services, is a Tampa-based commercial real estate investment and management firm with more than 35 years of experience acquiring, leasing, and managing retail and office properties throughout the Tampa Bay region. Northcliffe Center’s nationally recognized healthcare anchor, fully leased tenant roster, and stable in-place cash flow made the property a strong fit for the firm’s investment criteria, while its outparcel and lease structure provide opportunities for future value creation. The acquisition expands Foresight’s presence in West Central Florida and adds a high-quality neighborhood shopping center to its growing portfolio. For more information, please contact Andrew Doerr and Jake Lurie or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Andrew Doerr

Associate

7/2/26

Exterior views of the four medical office buildings in the Spokane Eye Clinic Portfolio sale in Spokane, Washington

Matthews™ Successfully Executes Sale of Spokane Eye Clinic Portfolio in Washington

SPOKANE, WA—Matthews™, a commercial real estate investment services and technology firm, completed the sale of a four-property medical office portfolio located at 427 S Bernard St, 9651 N Nevada St, 31 E Central Ave, and 208 W 5th Ave in Spokane, Washington. Matthews™ Executive Vice President and Senior Directors Michael Moreno and Rahul Chhajed, and Vice President and Director Tyler Swade represented the seller in the transaction. The Spokane Eye Clinic Portfolio totals approximately 72,000-square-feet and is fully occupied by Spokane Eye Clinic, a 28-physician practice with over 70 years of operating history supporting more than 146,000 annual patient visits and 13,000 surgical procedures. The clinic operates under PRISM Vision Group, a McKesson-backed national ophthalmology platform with over 100 affiliated locations, under NNN lease structures with 2.5% annual rent escalators. The seller, a group of physician owners, elected to bring the portfolio to market to capitalize on the asset’s appreciation. Matthews™ ran a competitive marketing process, generating multiple offers from both institutional and private buyers. The Matthews™ agents closed the transaction with the first buyer to go under contract, an institutional healthcare investor looking to expand their national healthcare real estate portfolio. Through diligent management of the entire process, Matthews™ delivered top-of-market pricing for the seller while securing a high-quality institutional owner for the asset’s long-term stewardship. “Our clients spent decades building one of the most respected ophthalmology practices in the Pacific Northwest, and it was our privilege to ensure that legacy was reflected in the outcome,” Moreno said. “The institutional interest we saw on this offering speaks to the strength of the operator and the growing appetite for healthcare real estate in markets like Spokane. Our expertise in selling healthcare assets leased to private equity-backed operators allowed us to find the best buyer for this transaction.” “One of the key benefits of this transaction was that ownership was able to reinvest a portion of the proceeds with the institutional buyer, providing great alignment long-term,” Chhajed said. For more information, please contact Michael Moreno, Rahul Chhajed, and Tyler Swade or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Michael Moreno

Executive Vice President & Senior Director

7/1/26

Aerial view of 111-117 Grove Street and 60 Menahan Street, the Brooklyn development sites sale in Bushwick, New York

Matthews™ Leverages 20 Offers to Close Two Brooklyn Development Sites at 100% of List Price

BROOKLYN, NY— Matthews™, a commercial real estate investment services and technology firm, facilitated the $6,000,000 sale of two development sites located at 111-117 Grove Street & 60 Menahan Street in Brooklyn, New York. Matthews™ Executive Vice President DJ Johnston and Associate Evan Kashanian represented the seller, Moshe Granit, in the transaction. The assets consist of a 14,000-square-foot development site spanning four tax lots with 140 feet of block-through frontage between Grove Street and Menahan Street in Brooklyn’s Bushwick neighborhood. Zoned R6, the site offers approximately 30,800 buildable square feet as-of-right and up to 54,600 buildable square feet through New York City’s “City of Yes” Universal Affordability Preference program, which provides additional density for projects incorporating affordable housing. The site is located within walking distance of the J and Z subway lines and includes approved plans for a 40-unit residential development. Matthews™ maintained a relationship with Granit, a private investor and developer, for more than 10 years, providing periodic valuations. As market conditions aligned with his investment objectives, Granit brought the property to market to capitalize on its appreciation and complete a 1031 exchange. Leveraging the firm’s proprietary database and extensive network of active developers, the Matthews™ agents created a highly competitive bidding environment that generated more than 20 offers. Interest from the initial buyer groups helped establish pricing expectations with the third-position buyer, ultimately bringing the transaction to a close at 100% of the list price. “The combination of unique frontage, substantial development rights, and recent zoning changes that increased the site’s value made this a highly sought-after opportunity,” Johnston said. “Those attributes generated significant interest from the development community and ultimately resulted in a record-setting sale at approximately $200 per buildable square foot for a development site of this scale and location.” The buyer, an active rental housing developer in North Brooklyn, was drawn to the site’s scale, approved residential plans, and strong development fundamentals. The project aligns with the developer’s existing portfolio and provides an opportunity to expand its multifamily presence in one of Brooklyn’s most active residential markets. For more information, please contact DJ Johnston and Evan Kashanian or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

DJ Johnston

Executive Vice President

7/1/26

Blog Image for Matthews Mid Atlantic Real Estate Journal Recognition

Matthews™ Agents Named MAREJ’s Thriving Under 30 Leaders in CRE

MID ATLANTIC— Matthews™ First Vice President & Director, Edward DeSimone and Market Leader, Jeff Perkins have been recognized by the Mid Atlantic Real Estate Journal as recipients of its 2026 Thriving Under 30 Award. The annual Thriving Under 30 award recognizes emerging commercial real estate professionals who have demonstrated exceptional leadership, transaction success, and a commitment to advancing the industry early in their careers. DeSimone was recognized for his nearly seven years in commercial real estate and his impressive track record advising private clients throughout the New York market. He has successfully closed more than $83 million in transaction volume, including the sale of a 14-property, fully occupied industrial portfolio in Upstate New York, while building a reputation for delivering strategic investment guidance and fostering long-term client relationships. His leadership and performance have also earned him the Matthews™ Chairman’s Award and Rookie of the Year honors. Perkins was honored for his accomplishments as Market Leader in Washington, D.C., where he has built a reputation for executing complex investment sales transactions and delivering exceptional outcomes for private clients. Throughout his career, he has consistently demonstrated a client-first approach, combining market expertise with strategic execution to help investors maximize value while establishing himself as one of the firm’s emerging leaders. In addition to their transaction success, both DeSimone and Perkins were recognized for their dedication to mentorship, professional development, and embodying the collaborative culture that defines Matthews™. Their commitment to serving clients, supporting their colleagues, and raising the standard of excellence within commercial real estate continues to distinguish them as rising leaders in the industry. Click here to learn more about the Mid Atlantic Real Estate Journal 2026 Thriving Under 30 Award and this year’s recipients.

Blog Image for Hutt Cooke's Commercial Observer Nashville Feature

Commercial Observer Features Hutt Cooke

NASHVILLE, TN— In two recent features with Commercial Observer, Matthews™ Managing Director Hutt Cooke shared his perspective on the evolving dynamics of Nashville’s commercial real estate market, from the transformation of the city’s iconic entertainment district to the sustained fundamentals driving investment activity across multiple asset classes. Cooke discussed the continued evolution of Nashville’s Lower Broadway, where rising property values and changing consumer preferences have reshaped the city’s historic music scene. “You can still find some of the old Nashville honky-tonks, but they’re slowly but surely evolving,” says Cooke. “Broadway has shifted, and a lot of the older names are going to continue to get pushed out of there. But that’s just evolving with what country music is now, which is having a more pop tune to it.” In a separate feature examining Nashville’s broader economic momentum, Cooke highlighted the city’s exceptional population growth and its impact on commercial real estate fundamentals. “With nearly 100 people a day moving here, there are going to be renters to occupy those multifamily properties,” says Cooke. “With retail, vacancies are less than 3 percent, and people are pushing rents even in an overall economic market where new construction rents are so high but retailers are still willing to pay it.” Cooke also noted that Nashville’s multifamily market has begun to rebalance following elevated post-pandemic supply levels, while the city’s industrial sector continues to benefit from its strategic location and strengthening rent growth. Read the full articles to learn more about the trends shaping Nashville’s entertainment landscape and the city’s continued commercial real estate growth.

Shops at Surfside retail center at 2354 Surfside Blvd in Cape Coral, Florida

Matthews™ Sources Retail Acquisition Opportunity for Buyer in Cape Coral

FORT MYERS, FL—Matthews™, a commercial real estate investment services and technology firm, completed the sale of Shops at Surfside, located at 2354 Surfside Blvd in Cape Coral, Florida. Matthews™ First Vice President and Associate Director Daniel Gonzalez represented the buyer, Trifon Houvardas, in the $12,300,000 transaction. The grocery- and service-oriented retail center is located within the Cape Coral submarket, one of Southwest Florida’s fastest-growing residential markets. Anchored by Belk and Anytime Fitness, the center features a diverse roster of healthcare, fitness, and service-oriented tenants, providing stable in-place income and an immediate opportunity to enhance cash flow through value-add initiatives. Leveraging deep industry relationships and local market knowledge, the Matthews™ agent identified the opportunity early and introduced it to Houvardas before the property was broadly marketed. Houvardas was attracted to the property’s stable cash flow and value-add potential, viewing the acquisition as an opportunity to place capital in a well-located retail asset with opportunities to enhance future returns. “Relationships drive results in this business, and this transaction was a prime example of why buyers come to us when they are looking to place capital,” Gonzalez said. “We stay closely connected to the market, which allows us to identify opportunities early and execute quickly on both on-market and off-market transactions.” For more information, please contact Daniel Gonzalez or visit www.matthews.com. About Matthews™ Matthews™, 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 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

Daniel Gonzalez

First Vice President & Associate Director

6/30/26