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Chicago & Midwest  + Midwest  + Retail  | 

Matthews Real Estate Arranges Buy of Dearborn Home Depot

Matthews Real Estate Investment Services completed the $13,043,916 acquisition of a Home Depot. Located at 5951 Mercury Dr., Dearborn, MI, the retailer is within a Walmart-anchored shopping center that includes Value City Furniture and Crunch Fitness.  

Situated on the corner of Ford Road and Southfield Freeway, the property obtains high traffic and visibility. EVP Chad Kurz and associate Preston Schwartz handled the buy-side deal. 

Matthews aided the buyer in achieving the goal of securing a stable retail asset in an active market. The 112,600-square-foot Home Depot facility is just a few blocks away from other retail chains outside of the shopping center, including Target, Best Buy, Burlington, Big Lots, Olive Garden and PetSmart. 

“The property had multiple offers on it, but Chad was able to leverage his reputation and relationships in the industry to secure the deal for our buyer,” said Schwartz. 

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Inside The Story

Matthews' Kurz and Schwartz

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition