Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, represented the sellers in the disposition of two Galaxies Express Car Washes at 1300 East Stan Schlueter Loop & 5680 East Central Texas Expressway, Killeen, Texas. Vice President Beryl Grant and Vice President and Director Clay Smith handled the transaction.

The transaction included both the business and underlying real estate of the facilities. The Stan Schlueter Loop and Central Texas Expressway sites were built in 2019 and 2022, respectively. Together, the facilities boast over 12,000 square feet.

The state-of-the-art car wash facilities were acquired by Mammoth Holdings, one of the largest car wash operating platforms in the U.S. The operator was looking to expand its footprint in Texas, specifically within Killeen. Galaxies Car Wash boasted two of the market’s strongest performing and most unique locations.

“It was truly a pleasure representing the seller, Luke Mayo, in this transaction,” said Grant. “Luke is a successful entrepreneur in Killeen who built two extremely unique washes that will help Mammoth establish a strong presence in Central Texas. Additionally, Mammoth Holdings was extremely professional throughout the entire process and contributed to a successful transaction.”

Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, Tenn., and strategically positioned with over 600 agents and support staff in 22+ offices across the United States, Matthews™ continues to focus on expansion into new markets.