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2014 News Archive

Matan Cos. finds two leases better than one in Germantown
07 March 2014

Germantown, MD, March 6, 2014 (WASHINGTON BUSINESS JOURNAL) - Matan Cos. has reached a deal to let two companies swap spaces in Germantown following Matan's acquisition late last year of the Milestone Business Park for $128.4 million.DRS Technologies has agreed to lease all of 1 Milestone Center Court as part of a planned consolidation of its... read more

Union Kitchen Update
06 March 2014

 Washington, DC, March 4, 2014 (BISNOW.COM) - Union Kitchen (which gives food entrepreneurs communal space to incubate their concepts) will open a second location in Ivy City this year. Co-founder Jonas Singer tells us to expect more of what's already at the original NoMa spot. “The core concept and layout is the same,” Jonas tells us, “... read more

Matan Signs 10-Year Lease with DRS for 133,140 Square Feet in Germantown, MD
06 March 2014

 Germantown, MD – March 5, 2014. Matan Companies has signed DRS Technologies to a 10-year lease at its recently acquired Milestone Business Park in Germantown, Maryland. DRS will occupy the entire 1 Milestone Center Court building totaling 133,140 square feet. “It is a great way for us to kick off this acquisition”, says JP Matan,... read more

Matan Companies Signs 7-Year Lease With JDSU For 45,452 Square Feet in Germantown, MD
06 March 2014

Germantown, MD – March 5, 2014. Matan Companies announced today the signing of a 7-year deal with JDSU to occupy the top two floors of 20250 Century Boulevard at their 270 Corporate Center project in Germantown, Maryland.  DRT/Boeing vacated the 106,000 square foot building in early 2013. JDSU is scheduled to move in May 2014 after... read more

Bisnow Scoop: Momentum in Germantown?!#*!
21 February 2014

 Germantown, MD, Feb 21, 2014 (BISNOW.COM) - A pulse in the outer suburbs? That's what the Matan Cos reports. After a few high-profile acquisitions last year, the firm has inked two big new leases in suburban Maryland. (Unlike a hard drive, it's good news when things get filled right after purchase.)The... read more

Operation Second Chance Features Matan as Partner of the Month
20 February 2014

 Operation Second Chance is a small non-profit organization making a big impact on the lives of Veterans. Founded in September 2004 by Cindy McGrew, the goal of Operation Second Chance is to provide support for Soldiers and Marines while they are recovering in military hospitals, and then to further assist them as they transition back to duty... read more

Matan Fund IV Completes Purchase of 1369 New York Ave
12 February 2014

Washington, DC – February 12, 2014. Matan Fund IV announced today that it has purchased a 23,265 square foot, two-story industrial building located at 1369 New York Avenue, NE. Constructed in the 1950’s, the building is located in the District’s Ivy City neighborhood, which is a long established commercial/industrial district along Washington... read more

Planning a Spring Move? Prospect Hall in Frederick is Now Accepting Reservations
11 February 2014

Planning a Spring Move? Prospect Hall in Frederick is now accepting reservations. The model apartment home will be ready for viewing in May 2014 and the first occupancies will begin in June 2014. Visit our website at www.prospecthallapts.com to learn more about leasing. We can’t wait to show you around your new home!This brand new... read more

Matan Signs Lease with Vivint Solar for 11,200 Square Feet in Frederick, Maryland
06 February 2014

Frederick, MD – February 10, 2014. On the heels of signing a lease for 11,146 square feet in Baltimore, Vivint Solar has signed an 11,200 square foot lease at 4600 Wedgewood Boulevard in Frederick with the Matan Companies.  Their new location in Frederick will be a warehouse and operations facility supporting their design, installation,... read more

Apartments and Retail Planned for Former Hecht’s Co. Warehouse
03 February 2014

Washington, DC, Jan 28, 2014 (WASHINGTONPOST.COM) - The Hecht Co. warehouse is one of the most visible properties in the District, on display to thousands of cars a day passing by on New York Avenue NE, but for years it has had little to flaunt.That’s about to change.The Art Deco building, once a major distribution center for the Hecht Co. before... read more

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