Nov 21

APG Broker Spotlight: Philip Matthews

APG Advisors philip matthews commercial real estate land investment north carolina

The brokers at APG Advisors are the heart and soul of our team. To shine a light on the professionals that make up our staff, we are doing a regular series we call our Broker Spotlight.

Today’s spotlight is on Philip Matthews, Vice President of Land and Investment Sales. Read on to find out a little bit more about Philip!

What type of client do you work with?

I represent both land buyers and land sellers; large regional builders, national builders, local land owners and corporate land owners including Weyerhaeuser Real Estate and International Paper Realty Corporation.

What should a potential client know about you?

A land buyer wants to pay the least possible.  You, the land seller, want to maximize your price.  The way you do that is by putting your land in front of all potential buyers, not just the first buyer to come along. You need an experienced land advisor to help you navigate that process. After 37 years, I know all the buyers. All of them.

Is there any aspect of my commercial property that will deter buyers?

You’ll have difficulty selling your land if your price is unobtainable for the yield of the property, meaning the maximum number of units for that site’s highest and best use. I can help you. I’ll provide you with a free evaluation.

What region do you work in?

From the Piedmont Region to Southeast North Carolina. I like to specialize in the outer areas of the Triangle – Harnett, Lee and Alamance Counties.

What would you say has been your trophy transaction?

A 2,200-acre parcel in Chatham County, the former Chapel Ridge Golf Course, that was then developed into a residential golf community. I represented the seller, International Paper Realty Corporation.

 

You can read more about the fantastic members of the APG Advisors team here. If you are interested in land available for sale or lease in North Carolina, get in touch with APG at your earliest convenience.