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2023 Top Broker Awards
National
Matthew Mousavi and Patrick Luther
Sales Total
$2.9 billion
Closed 760 transactions totaling $2.9 billion
Expanded the net lease group into San Diego and Hawaii
Managing Principals Matthew Mousavi and Patrick Luther head up SRS Real Estate Partners’ National Net Lease Group & Investment Properties Group. During 2022, the NNLG closed 760 transactions at a value of $2.9 billion. In addition to closing out the year with strong results, Mousavi and Luther built out their team, expanding into San Diego and Hawaii.
Notable deals during the past year included the sale of 22 properties occupied by Chick-fil-A, valued at $87 million with an average cap rate of 3.77%. This represented a 32% market share for all Chick-fil-A-occupied assets sold in 2022.
NNLG also handled the sale of 14 single-tenant retail properties occupied by KinderCare Learning Centers in separate transactions, totaling $60 million.
The team also managed a portfolio of eight single-tenant medical properties occupied by Fresenius Medical Care, which was valued at approximately $56.5 million, while also handling the $50.3-million leasehold ownership sale of a single-tenant office/lab property occupied by Clinical Labs of Hawaii.