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Walmart signs long term ground lease at Frederick Trading Center

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Walmart has signed a long term ground lease at Matan's Frederick Trading Center property located at the intersection of Route 26 and Monocacy Boulevard.  The Frederick Trading Center was acquired by Matan in 2010 as a redevelopment opportunity.  Walmart is the perfect anchor to kick that off.  The Walmart Super Center is scheduled to break ground in the Summer of 2013.  An additional 3 available pads sites will complete the redevelopment.