Matthews Brokers $20.1M Sale of 12-Property Napa Auto Parts Portfolio

by Jeff Shaw

LOS ANGELES — Matthews Real Estate Investment Services has brokered the $20.1 million sale of a portfolio comprising 12 single-tenant retail properties. 

Located largely in California and Washington, Napa Auto Parts occupies all the properties on a net-lease basis. 

Brandon Perez and Bill Pedersen of Los Angeles-based Matthews arranged the sale on behalf of the undisclosed limited liability company. A publicly traded REIT purchased the portfolio.

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