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.
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.
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.
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.
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.
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.
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.
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.