In the News: Walmart Opens Massive Pharmacy Distribution Hub in Maryland
WASHINGTON BUSINESS JOURNAL - Walmart Inc. has deepened its Greater Washington roots with a new 102,000-square-foot prescription processing facility in Maryland, a project the retail giant is betting will lighten the load on its in-store pharmacies. The company (NYSE: WMT) has built out a new building at 4910 Executive Court in Frederick…
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IN THE NEWS: Frederick County's Growth Spurs New Build-To-Suit Industrial Project
BISNOW.COM - Industrial developer Matan Cos. is marketing a 550K SF build-to-suit warehouse complex that can accommodate up to three buildings on 40 acres in Frederick County, company officials said.
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Walls Tilted at Port 460 Logistics Center in Suffolk, VA
Construction continues at Port 460 Logistics Center with the walls tilted on Building 1, and Building 2 close behind. The two spec buildings, serving the Port of Virginia, will deliver in Q4 2025. Click here to watch our construction update video,…
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Matan Companies Signs 111,368 SF Lease at Riverside Research Park in Frederick, MD
Matan Companies announced today the execution of a long-term lease agreement for 111,368 square feet at 8484 Progress Drive, Frederick, MD.
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Port 460 Logistics Center Breaks Ground in Suffolk, Virginia
Rockefeller Group and Matan Companies are proud to announce they have broken ground on the first phase of Port 460 Logistics Center in Suffolk, Va., a highly anticipated industrial real estate development that is expected to serve U.S. and…
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Governor Glenn Youngkin Announces Investment in Road Improvement Project to Enhance Economic Growth
GOVERNOR.VIRGINIA.GOV - Governor Glenn Youngkin today announced the allocation of $30.1 million from the Transportation Partnership Opportunity Fund (TPOF) to the City of Suffolk for the Route 460 Road Improvement Project to support the Port…
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Matan Companies Acquires 185 Acres of Industrial Land in New Kent County, VA
Matan Companies announced today the purchase of 185 acres of land in New Kent County, Virginia. Branded as New Kent Logistics Center, the project will consist of approximately two million square feet of high-bay industrial space in four buildings.
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Matan Hosts 2nd Annual Summer Kickoff Celebration in Bethesda
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AstraZeneca's Lease at 700 Progress Way Awarded 'Best Maryland Lease'
BIZJOURNALS.COM - AstraZeneca PLC made one thing clear in 2023: It’s committed to Montgomery County. The British pharmaceutical giant took over a full building at 700 Progress Way in Gaithersburg in the fall, nearly two years after…
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In the News: Shipping Giant Moves DMV Operation from Maryland to Northern Virginia
BIZJOURNALS.COM - DHL eCommerce has relocated its distribution center near BWI Marshall Airport to a new facility in Prince William County. The company, a division of international shipping company DHL, leased 138,000 square feet in a new…
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