Press Releases

Matthews ™ has secured a new location for Spruzzo Restaurant & Bar at 538 Palisades Drive, Pacific Palisades, CA. The space consists of 2,800 square feet and will open to the public at the end of October. Michael Pakravan represented the tenant.

The Penn State Smeal College of Business has named Matthew Wallace as the newest member of the college’s Institute for Real Estate Studies Advisory Board Executive Committee.

Matthews™ brokered the sale of Eastwood Village East, a shopping center located just south of the Century Plaza Mall site in Birmingham, AL. The shopping center is anchored by the country’s largest retailer store, a Walmart Supercenter, and sold within 98 percent of the list price. The transaction was completed by Associate Tripp Brown and Regional Director Johnny Blue Craig.

Matthews™ Senior Vice President and Senior Director Daniel Withers honored as a 2021 San Fernando Business Journal’s Valley Mentor Award Finalist. The finalists were chosen based on their outstanding commitment to encouraging and mentoring others within the workplace.

Matthews™ completed the sale of a Midwest grocery-store chain Hy-Vee for $19.2M located at 2510 Southwest State Street, Ankeny, IA. Matthews™ represented the buyer and seller in the deal. The transaction was brokered by Senior Associate Robert Goldberg, Executive Vice President and National Director Ben Snyder, and Market Leader Bill Pedersen.

Meet Josh Bishop – Josh is a nationally ranked net lease advisor and one of the top agents at Matthews™. Josh Bishop stands as the Vice President and Director of Single-Tenant Net-Leased Business for Matthews™. He was recently recognized by Dmagazine as a power broker and an Influencer in Net Lease by Globest. Learn more about how Josh got started in the industry and continues to outwork his competition to succeed.

Matthews™ represented a client in a successful 1031 Exchange in which the buyer acquired 1151 East Midway Road, Menasha, WI. The $5.15M transaction was brokered by Associate Edward DeSimone, First Vice President Josh Bishop, and Market Leader Maxx Bauman.

Matthews™ Vice President and Senior Directors Michael Moreno and Rahul Chhajed have been nominated for the 2021 L.A. Business Journal’s Leaders in Healthcare Panel and Awards.

Matthews ™ closed the $12.35M sale of Imperial Plaza, a grocery-anchored shopping center located at 319 Havendale Blvd, Auburndale, FL. The deal represents the increase in the demand for strong, essential-retail anchored centers in core coastal markets. The transaction was completed by Matthews™ Associate Jonah Yulish and Executive Vice President and National Director Ben Snyder.