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October 22, 2019
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Kidder Mathews Acquires OC Property Manager Alden Management Group


Kidder Mathews has acquired Costa Mesa-based Alden Management Group, a commercial property management firm with a large portfolio of office, industrial, and retail properties located throughout the greater Southern California market. Alden Management will be re-branded to Kidder Mathews in the coming weeks and the Alden staff will be relocating to Kidder Mathews’ Irvine office, bringing Kidder Mathews’ property management division to 178 people, and over 45 msf of managed properties.

Two weeks ago, Kidder publicly announced another expansion move by stating they will finalize a merger on March 1, 2017, with L.A.-based Heger Industrial, a brokerage and property management firm, making Kidder Mathews the largest independently owned commercial real estate firm on the West Coast with 20 locations, including 12 in California.

“As we continued to increase our presence in Southern California, we were fortunate to meet Andrew Zimbaldi, President and founder of Alden Management Group, who was mutually interested in increasing his footprint of properties and market presence. It was a great opportunity for both firms to grow,” said Jeff Lyon, CEO of Kidder Mathews. Zimbaldi will serve as the firm’s Sr. Vice President and will continue to lead property management operations for Kidder Mathews in the Greater L.A. Basin. “

Over the past two years, Kidder Mathews has grown to over 650 professionals and staff. In addition to its Washington, Oregon, Nevada, and Arizona offices, the firm’s California offices include Los Angeles, Long Beach, Commerce, San Diego, Orange County, Inland Empire, Carlsbad, San Francisco, Redwood City, San Jose, and Sacramento/Roseville.

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