Matthews™ a commercial real estate investment services and technology firm, today announced the acquisition of one of the industry’s most respected capital advisory firms – Cadence Capital Partners (Cadence), a company with a significant track record in the institutional and private client capital market space. With Cadence joining the firm, Matthews™ will now offer a full suite of capital solutions to solve every real estate funding need through the Matthews™ Capital Markets Division.
Matthews™ completed the sale of a Pick N’ Save, located at 2502 Shopko Drive, Madison, WI, for $7,958,000. The transaction was brokered by Associate Bryson Boylan and Vice President and Regional Director Johnny Blue Craig.
Matthews™ completed the sale of Atlanta Heart Specialists, a cardiology practice located at 4375 Johns Creek Parkway, Suwanee, GA. The facility is positioned in a well-known medical complex adjacent to a major hospital, Emory Johns Creek Hospital. The transaction closed at $5,968,064 and was handled by Senior Associate Ryan Burke and Vice President and Senior Directors Rahul Chhajed and Michael Moreno.
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.