Press Releases

Matthews Real Estate Investment Services™ is pleased to announce the sale of a 16,200 square-foot Staples retail condo in the New York City borough of The Bronx. The $11M closing price equates to approximately $679 per square foot, the 2^nd highest price ever recorded for a Staples sale and the 3^rd highest price per square-foot for a Staples.

Matthews™ exclusively marketed the sale of this iconic Staples retail condo on behalf of a private seller, a major developer in New York whose projects include: single-family housing, medical office buildings, high rise office towers, affordable housing, and golf courses. The buyer, an undisclosed entity, added to their extensive portfolio of more than two million square-feet of retail in New York City with over 30 retail locations.

Matthews Real Estate Investment Services™ has arranged a price-per-foot record for a multi-family building in Lawndale, California. The transaction was lead by Daniel Shieh, Investment Sales Associate for Matthews™, who represented the seller and surpassed the previous record by 26%.

Bringing over 17 years of experience in the industry, Daniel will leverage his deep-rooted market knowledge and extensive connections to continue the strategic expansion of the Matthews™ footprint.

Matthews Real Estate Investment Services™ has arranged the $22.075 million sale of Low Country Village, a 140,000-square-foot power center located in Bluffton, SC. Scott Henard, SVP and Regional Director of Shopping Centers for Matthews™, led the transaction on behalf of the seller, Real Properties of America Inc (RPAI), and sold to an undisclosed private California buyer.

Matthews™, the nation’s fastest growing commercial real estate firm, has appointed Michael Pakravan as Senior Vice President and National Director of Retail Leasing. In his new role, Michael will utilize his leasing expertise and extensive network to continue to both grow the firm’s market share and drive value representing property owners and tenants.

Matthews Real Estate Investment Services™ has announced the launch of Matthews Asset Services (MAS), a new division devoted to applying  commercial real estate value creation and preservation strategies to the property operation challenges faced by real estate owners.

National Director of Asset Services for Matthews Real Estate Investment Services, Tim Woods, visited the Stillwater campus to speak to Nancy Titus-Piersma’s Real Estate Finance class to share his experiences in the real estate industry.

Matthews Real Estate Investment Services™,  the nation’s fastest growing midsize commercial real estate firm, is pleased to announce the appointment of Scott Henard as Senior Vice President and Regional Director of Shopping Center business. Renowned as an industry expert on the principal side, Scott joins Matthew’s new Dallas office where he will be spearheading all multi-tenant retail transactions in the Central and Eastern Regions.

Matthews Real Estate Investment Services™ , the fastest growing midsize company in commercial real estate, announced it has expanded the firm’s national reach into the prestigious Preston Center Submarket of Dallas. Building upon the firm’s success in California with established offices in Costa Mesa and El Segundo, the new office space officially opened this month.