Eastern Consolidated announced today that it has hired Matthew Sparks as senior director, a move that continues the firm’s growth of its commercial investment sales team.
Mr. Sparks, 41, has worked in investment sales for 15 years. Most recently, he was a managing partner at ERG Property Advisors.
Highlights of Mr. Sparks’s $850 million in transactions include the sales of: 44 West 28th Street for $51.5 million, 56-58 Canal Street for $36 million, and 1321 and 1330 Fifth Avenue for $28 million. His largest deal so far is the sale of the Marion Scott portfolio, a 1,100-square-foot Housing and Urban Development package of seven upper Manhattan properties.
“Known for his diligent canvassing of targeted properties and submarkets, many on Manhattan’s Upper West Side and upper Manhattan, Matthew has an impressive track record in skillfully analyzing the financial angles of prospective deals on behalf of clients,” Daun Paris, president of Eastern Consolidated, said in a prepared statement. “He is a consummate professional and a great fit for our culture. We are delighted to welcome him to the fold.”