Press Releases

Matthews™ brokered the sale of a 32-unit apartment building, located at 211 South Avenue 57, Los Angeles, CA. Senior Associate Taylor Avakian and Vice President J.A. Charles Wright represented both the buyer and seller in the transaction.

Matthews™ represented the landlord in the leasing of the popular sandwich market, Mendocino Farms, at HollyHill Apartments, located at 4531 Hollywood Blvd, Los Angeles, CA. Matthews™ Senior Associate Aditya Ramnath and Senior Vice President and National Director Michael Pakravan managed the transaction.

Matthews™ completed the sale of ABB Inc., an office/industrial property located at 23000 Harvard Road, Cleveland, OH. The single-tenant building sold for $34,250,000. The deal was brokered by Executive Vice President, Chad Kurz.

Matthews™ completed the sale-leaseback of a two-unit portfolio, free-standing Bay Dermatology and Cosmetic Surgery centers located at 1130 Commercial Way, Spring Hill, FL and 115 Highland Avenue, Largo, FL. The total transaction closed at $7,500,000. Each property featured a new 15-year absolute NNN lease guaranteed by Bay Dermatology & Cosmetic Surgery. Associate Pedrum Lavassani, and Vice President and Senior Directors Rahul Chhajed and Michael Moreno managed the transaction.

Matthews™ released the Fall/Winter 2021 issue of their bi-annual national magazine, the Matthews™ Publication. This edition focuses on the accelerated evolution of commercial real estate, covering over 20 topics including CRE technology, the industrial boom, U.S. migration trends, and many more.

Matthews™ completed the sale of a three-property multifamily portfolio in East Dallas. The properties are located at 4810, 4815, and 4823 Gaston Avenue, Dallas, TX. The deal represented one of the largest Class-C multifamily portfolio sales in the Old East Dallas submarket year-to-date. Associates Jared Rice and Jedidiah Meisner, and Harris McKay handled the transaction.

Matthews™ brokered the sale of three Tesla properties in Austin, TX, Orlando, FL, and Raleigh, NC. Matthews™ Executive Vice President, Chad Kurz, completed the sale. Matthews™ represented the buyer in both transactions, closing the Austin location for $14.8M. This Tesla functions as both a Tesla Gallery and service center.

Matthews™  brokered the sale of Manchester Plaza, a shopping center located at 520-536 East Manchester Avenue, Los Angeles, CA. The sale represents the top-three highest price per square foot sale of a retail strip center in Los Angeles year-to-date, closing at $647 per square foot. Senior Associate Joe Nelson handled the transaction.

Matthews ™ completed the sale of 2033 Beachwood Drive, a 26-unit apartment building located in Hollywood, CA. The transaction closed at $8,500,000 and was brokered by Senior Associate Luc Whitlock and Associate Vice President Kyle Mirrafati.