Press Releases

Matthews™ is pleased to announce the addition of Sean Clancy as Chief Technology Officer. Clancy will join the company’s Scottsdale, Arizona office to execute the firm’s vision of accelerating the evolution of how the commercial real estate industry services clients through technology. Renowned as a CRE software and data architect, Clancy joins the Matthews™ executive team to accelerate technology initiatives, strategies, tools, and resources to improve the investment sales, leasing, and debt origination experience. This strategic hire is one of the several high-level executive additions the firm has announced this quarter.

Matthews™ completed the $11.3M sale of LaGrange Med Ventures, LaGrange’s newest and largest medical office building, located at 1075 Lafayette Parkway. The deal was transacted by Associate Ryan Burke and Vice President and Senior Directors, Rahul Chhajed and Michael Moreno. Brokers utilized a master-leased sale leaseback for the property sold as a 1031 Exchange.

Matthews Real Estate Investment Services™ today announces the expansion of its executive team with the appointment of Matthew Wallace. As the new Market Leader for the Matthews™ Cleveland office, Wallace brings over 10 years of experience in real estate transactions. In his role, Wallace will enhance and oversee business development in the Midwest region and manage the Cleveland office. Wallace will be an asset in recruiting top talent to join the firm as Matthews™ continues to expand their presence.

Matthews Real Estate Investment Services™ announces addition to executive leadership with the strategic appointment of industry veteran, Bob Osbrink, as Executive Vice President and Market Leader for the Matthews™ Phoenix office. Osbrink will provide strategic direction for market penetration, including business development and the hiring and development of the sales force.

Matthews Real Estate Investment Services™ is pleased to announce the sale of an industry-leading Fresenius Medical Care facility and TNV International, a leading wholesale distributor of bulk ingredients for the nutritional supplement industry. The property sold for $5,400,000 and is located at 13063 Rosecrans Ave in Santa Fe Springs, a well-known east-west thoroughfare in Los Angeles situated off one of the most traveled freeways in the U.S., the I-5, with over 192,000 vehicles traveling by the property a day.

Director of Marketing, Lori Valencia, and PR & Publications Manager, Leanne Jenkins, nominated as Los Angeles Business Journal’s 2021 women in leadership.

Matthews Real Estate Investment Services™ is pleased to announce the sale of Landen Square located at 2900 West U.S. 22 & 3 in Maineville, OH. Executive Vice President & National Director Ben Snyder, and Associate Vice President Zack Bates, worked in tandem to facilitate the sale of the shopping center for $5,414,000. This sale marks the second transaction between Matthews™ and Phillips Edison & Company, one of the nation’s largest owners and operators of grocery-anchored shopping centers.

Matthews Real Estate Investment Services™ is pleased to announce the sale of a 182,334 square foot community center located in Solon, OH, Uptown Solon. The property is comprised mainly of national tenants, including Bed Bath & Beyond, Old Navy, Ulta, Petco, Lumber Liquidators, and Orange Theory Fitness, among many others. Executive Vice President & National Director Ben Snyder, and Associate Vice President Zack Bates, facilitated the sale of the shopping center for $10.1M.

Matthews Real Estate Investment Services™ is excited to announce the $9.16M sale of a 13-property Continental Carbonic portfolio, spanning nine states throughout the United States. The sale was brokered by Matthews™ Senior Associate Harrison Auerbach and Vice President Alexander Harrold.

The portfolio sold for 103% of the listing price after generating 12 competitive offers. The seller, a Matthews™ client, was motivated to sell the portfolio to avoid management responsibilities of over a dozen simultaneously expiring leases.