22 Aug 2019
Matthews Real Estate Investment Services™ has successfully executed the $70-million sale of Beverly Hills BMW, a 339,000 square-foot dealership located at 5070 & 5071 Wilshire Blvd in Los Angeles, CA. According to CoStar, the trophy asset broke records as the highest price ever reported for auto dealerships in Los Angeles. The Matthews™ deal team consisting of Market Leader Bill Pedersen, Executive Vice President and National Director of Multifamily David Harrington, and Chairman and CEO Kyle Matthews worked in tandem to represent the seller of this record-breaking deal.
31 Jul 2019
Austin, TX – Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, has secured a corporate location for Gyu-Kaku in Austin, TX. Consisting of nearly 4,000 square feet of endcap space, the new location in East Austin is embedded within Plaza Saltillo, a 10-acre mixed-use development between East Fourth & East Fifth Street. Spearheading Gyu-Kau’s national growth strategy are Michael Pakravan, SVP & National Director of Retail Leasing of Matthews™ and Nick Day, an Associate for Matthews™.
02 Jul 2019
Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, has successfully executed a $50 million sale leaseback of a multi-shop Collision Works portfolio in the Midwest. SVP & Senior Director of Net Lease for Matthews™, Gary Chou, and Senior Associate, Jack Chang, represented the seller and sourced the buyer.
Matthews™ was able to provide the owner-operator with a comprehensive marketing process that procured multiple competitive offers from highly qualified buyers. After working through complex deal dynamics and issues, Chou and Chang were able to provide both the buyer and seller with strong communication and confidence during the transaction process. With over $100 million sold in the last year in the collision space, Jack Chang was able to apply his in-depth market knowledge to the transaction and present a compelling property story to the buyer. “We had the honor and privilege to work with Collision Works on their growth strategy through this recapitalization transaction,” said Chang.
30 Aug 2016
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
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
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.