MATAN EXPANDS PORTFOLIO WITH 290,000 SQUARE FEET OF HIGH BAY WAREHOUSE SPACE IN SOUTH FREDERICK
Matan Companies re-acquired two 146,000 square foot high-bay warehouse buildings known as Wedgewood IV located at 7114 and 7118 Geoffrey Way in Frederick, Md. The buildings were originally built by Matan in 2004 and sold to Emergent Biosciences. Emergent never occupied the properties. The newly acquired buildings remain in shell building condition. Wedgewood IV is located in the heart of Route 85 South Industrial Corridor.
Matan was represented by JP Matan of Matan Realty, and Mark Strauss and Jack Schneider of The Ezra Company represented the Seller.