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Written by JP Matan on 0 Comments

New 15 year lease at 4441 Buckeystown Pike signed with Matan Companies.

The American Association of State Highway Transportation Officials (AASHTO) and ASTM International (formerly known as the American Society of Testing and Materials) have signed a new lease for 34,413 sf of warehouse/office/lab space in Frederick, Md. After approximately 80 years on the NIST campus in Gaithersburg, Md., the new facility in Frederick will be home to the offices, materials testing laboratories and proficiency sample programs of AMRL and CCRL.  

It is estimated that the new facility will bring approximately 70 jobs to the area. The Lease was executed on March 4th and the Tenant is anticipated to occupy by October 1st, after the completion of the shell and tenant improvements.

“We’ve had a great relationship with NIST, but this is a great opportunity for AMRL and CCRL which allows us to bring all our operations under one roof for the first time in many years,” said Steven Lenker, director of the Construction Materials Reference Laboratories. “We are happy to work together with Matan to lease what will be a great building and location for us, as CCRL and AMRL begin a new era in Frederick.”

As part of the Landlord’s work, the exterior of building will be completely renovated to give the facility a brand new, modern look. The interior improvement will be a combination of office and testing laboratories.

JP Matan, director of leasing for the Matan Companies, represented the building owner and Dave Palank with CBRE represented the Tenant. “We are very pleased that AMRL and CCRL have made the decision to make Frederick their home for the next 15 plus years. It was a big decision that required a lot of hard work and cooperation from all those involved,” said JP Matan.