MSO Collision Works Part of $50M Sale Leaseback
July 1, 2019—Matthews Real Estate Investment Services recently executed a $50 million sale leaseback of MSO Collision Works. The business transaction strictly involved a sale of real estate.
According to a press release, SVP and senior director of net lease for Matthews, Gary Chou, and senior associate Jack Chang represented the seller and sourced the buyer.
Matthews provided the owner-operator with a comprehensive marketing process that procured multiple offers from buyers. According to the press release, Matthews was able to provide the seller satisfactory terms and guarantee of close.
Collision Works is an Oklahoman-owned collision repair company. Collision Works has a goal to focus on building new ground up development or refurbishing existing locations. As it has grown in recent years, Collision Works has used strategic acquisitions to allow the company to increase in size efficiently.