Matthews Real Estate Investment Services™

Final Vegas countdown and excited to announce the sale of Florence Square - another strong 220K SF community center in northern Alabama - a region that continues to be (subtly or not so subtly) on fire for retail investment. Great job by our team and a big thanks to an affiliate of Hackney Real Estate Partners for their execution, as always. We're excited to see how this one is taken to the next level! Kyle Stonis Boris Shilkrot Lindsey Grey Lindsey Saine Beck #MatthewsREIS #RetailInvestmentSales #CRE #Southeast #Florence #Alabama #CommunityCenter #TJMaxx #AcademySports #ShoppingCenters

Future Proofed Workplace- ThousandEyes Customer Testimonial to be included with Secure Access- if you are talking Security, then Assurance and Resilience needs be included... “This gave us immediate visibility of our new security infrastructure literally as it rolled out. These are complex networks, so doing it rapidly but with assurance meant getting value sooner.” https://lnkd.in/ecnzF83G Cisco Partners Cisco ThousandEyes

Our Matthews NYC office had 19 people run the Brooklyn Half Marathon this weekend. 19 people!! It started as an internal competition, but it quickly became something more. We trained together, pushed individual limits, and showed up for each other along the way. Everyone walked away proud, with a completely different perspective on the borough we work in every day. Simple takeaway: working hard on your health and working hard at your job are not competing priorities. If anything, they reinforce each other. Great job boys!!! You made me proud!!

#JustClosed Matthews™

Just Listed | Stone Brook Plaza | Pace, FL (Pensacola MSA) We recently listed one of the best value-add opportunities currently being marketed in the panhandle. Stone Brook Plaza is a +20,500 SF shopping center situated on 4.34 acres of prime real estate. The property boasts an exceptional location, positioned directly adjacent to a high-performing, Publix-anchored shopping center. The immediate trade area is a hub of commercial activity, featuring high-traffic national retailers such as Starbucks, Scooter’s Coffee, and Whataburger, ensuring a steady flow of consumer traffic and long-term site viability. Value Add Highlights - The majority of the current tenants are paying below market rents - 100% of the leases are set to expire within the next 12 to 24 months Feel free to reach out to me if you have any questions. #JustListed #Matthews #ShoppingCenters #ValueAdd

The Strategic Recalibration: What Starbucks’ 5,000-Store Expansion Means for CRE The retail real estate landscape is witnessing a significant shift as Starbucks embarks on a massive 5,000-store expansion. Rather than aggressive growth for the sake of scale, this move represents a strategic recalibration of the brand's physical footprint. By closing underperforming stores and reinvesting in existing locations, Starbucks is refining its growth to meet modern consumer demands. From the surge in drive-thru and mobile-first designs to a heavy expansion into suburban and secondary markets, the brand is prioritizing efficiency and convenience. While the "third place" remains a core value, the market is signaling a clear move toward smaller, more efficient footprints that offer greater site viability. For CRE investors, this means convenience-driven real estate and high-demand drive-thru locations will continue to dominate the net lease landscape. The real signal? Retail expansion is no longer just about scale, it’s about where you grow and how efficiently you operate. Read the full article here: https://lnkd.in/eAYQahAp

Thankful for this recognition and proud to work alongside such a strong team!!

Just Closed | 7 Brew | Gainesville, FL From Cold Call to Closing: A 3-Year Journey in Gainesville, FL ☕️ This was nearly three years in the making, and a great reminder that persistence, relationships, and creativity drive results in our business. It all started with a cold call to a property owner I met while discussing a different asset. During that conversation, he mentioned a small, vacant parcel he owned in Gainesville, FL — a site that had challenged multiple buyers/tenants over the years. Several had tried to make it work… none succeeded. He trusted us to work the opportunity off-market, and we brought it to a handful of clients. That’s when our partners at GEMCAP Capital recognized the potential and leaned in. What followed: -18 months under contract - Navigating municipal and development hurdles - Problem-solving through every phase of entitlement and execution Ultimately, the vision came to life — delivering Gainesville’s first 7 Brew Coffee location. But the story didn’t end there. Once the development was complete, we listed the stabilized asset and sold it to a client we had just sold a property for to help facilitate the acquisition as part of a 1031 exchange. From land acquisition → development → stabilized asset sale → exchange execution, we had the opportunity to be involved at every stage of this deal. That’s rare. And incredibly rewarding. Huge thank you to James Weldon & George V Dunn for the partnership and trust throughout the process. Looking forward to the next one.

As cap rates rise, development spreads should widen. If they don't, developers are basically getting paid less to take on more risk. Spoiler alert: They don't widen. Math: A 5.00% exit cap on a $5M project with a 125 bps spread = $1.25M of profit. A 6.00% exit cap on a $5M project with a 125 bps spread = $1.04M of profit. Same spread. 20% less profit. More risk. One of the clearest inefficiencies in commercial real estate.