Press Releases

Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, announces sale of $8M Albertsons in Washington. The property located at 8851 E Trent Avenue in Millwood, WA consists of 46,798 square feet. The transaction was led by Aron Cline. Aron Cline was able to source the buyer, locate the ideal property for the client to purchase off-market, and arrange the sale of the property for over $8.3 million, a record for an Albertson’s sale in Washington according to Costar.

Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, has secured a location for Silverlake Ramen in Santa Clara, CA. The 1,417 square foot space is in the Santa Clara Square Marketplace, a high-profile mixed-use center in Northern California. Michael Pakravan, SVP & National Director of Retail Leasing at Matthews™ along with Leasing Associate Aditya Ramnath represented the tenant.

Matthews Real Estate Investment Services™ announces the portfolio sale of two La-Z-Boys in Ohio. La-Z-Boy Incorporated has over 350 locations with a market cap of $1.36 billion. SVP & Senior Director of Matthews™ Net Lease Division Calvin Short led the transaction on behalf of the seller. The two properties were sold for over $7.1 million to a publicly traded REIT from the western United States by full service real estate development firm ICAP Development.

Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, announced it has extended its reach into the San Francisco Bay Area, the commercial and financial center of Northern California. Building on the company’s success in other parts of California as well as Texas, Ohio, and Georgia, the new office located at the Atrium on Broadway in downtown Walnut Creek is officially open for business. The Northern California office location is 1981 North Broadway Suite 202, Walnut Creek, CA 94596.

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.

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™.

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.

The $7.88M sale sets the record for the highest sale price of a Starbucks property in the United States.

Matthews Real Estate Investment Services™, the nation’s fastest growing commercial real estate company, has appointed Michael Fleming as their new Vice President of Retail Leasing. Fleming, former Vice President at Venture Commercial and The Weitzman Group, brings more than ten years of experience in landlord, service, restaurant, bar, and entertainment representation.