Matthews™ Executes Strategic Disposition of $16.1M Veterinary Portfolio

CHICAGO, IL—Matthews™, a commercial real estate investment services and technology firm, represented the buyer and seller in the disposition of a four-hospital veterinary portfolio located across Illinois and Indiana. Matthews™ Executive Vice Presidents & Senior Directors Michael Moreno and Rahul Chhajed, and Senior Vice President & Director Andrew Evans facilitated the $16,159,362 transaction, with Kyle Matthews as the broker of record.

Spanning approximately 37,718 square feet, the portfolio is strategically located within established Midwest suburban communities and regional markets. The assets are leased to two nationally recognized veterinary operators, under NNN lease structures, offering stable cash flow backed by strong industry fundamentals and increasing institutional demand for veterinary real estate.

Seeking to capitalize on favorable market conditions, the seller brought the portfolio to market as the downleg of a 1031 exchange. Through the firm’s national specialization in veterinary real estate and longstanding industry relationships, Matthews™ sourced a qualified buyer looking to expand its veterinary portfolio. Matthews™ ensured an efficient transaction process that aligned the buyer’s acquisition objectives with the seller’s pricing, timing, and exchange goals.

“As the nation’s leading veterinary real estate advisors, we’ve had the opportunity to create meaningful value for our clients and veterinarians across the country,” Evans said. “Our specialization allows us to connect the right buyers and sellers while delivering outcomes that align with each client’s long-term objectives.”

For more information, please contact Andrew Evans, Michael Moreno, and Rahul Chhajed or visit www.matthews.com.

Kyle Matthews License No. 478027547 (IN)

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.