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Matthews Real Estate Arranges Largest Collision Shop Space Leaseback Deal

Collision Works is an auto body collision and paint repair owned and operated company headquartered in Oklahoma. According to Matthews Real Estate, Collision Works has achieved its latest five-year goal plan in less than two years.

From left, Matthews Real Estate Investment Services’ SVP and senior director of net lease Gary Chou and senior associate Jack Chang From left, Matthews Real Estate Investment Services’ SVP and senior director of net lease Gary Chou and senior associate Jack Chang

DEL CITY, OK—Matthews Real Estate Investment Services reports it has successfully closed a $50-million sale leaseback of a multi-shop Collision Works portfolio in the Midwest in a deal it describes as the largest sale-leaseback transaction in the collision shop space.

Collision Works is an auto body collision and paint repair owned and operated company headquartered in Oklahoma. According to Matthews Real Estate, Collision Works has achieved its latest five-year goal plan in less than two years, Collision Works’ primary strategy is to focus on building new ground up development or refurbish existing locations. Organic growth coupled with strategic acquisitions has allowed the company to grow efficiently and cost effectively, Matthews Real Estate states.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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