IN THE NEWS: Frederick County's Growth Spurs New Build-To-Suit Industrial Project
19 May 2025
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.
The opportunity, called Crosspointe Industrial, is a testament to Frederick County’s evolution from a sleepy exurb of Washington, D.C., to a live-work-play destination and diversified economic hub based on biotechnology and advanced manufacturing. Now the data center boom is set to give the region yet another tailwind, Matan Cos. principal JP Matan said.
“Frederick is a place where people want to be,” said Matan, who oversees day-to-day leasing activities for the company's portfolio, including all office, lab and industrial properties. “It has a historic downtown that’s on par with Georgetown or Old Town Alexandria in terms of charm, food scene and community feel. People live here, shop here and come here.”
The population of Frederick County recently crossed the 300,000 threshold, said Brad Benna, director of leasing at Matan Cos.
“Frederick is attracting people from a lot of different areas and regions because it provides a good quality of life,” Benna said. “In terms of quality-of-life metrics, Frederick has been winning awards for years.”
From an infrastructure and location perspective, the county has a lot to offer, he said. Frederick is a 45-minute drive to D.C. or Baltimore and is near three international airports and the Port of Baltimore. All of these factors should make Crosspointe attractive to relocating or expanding companies, Benna said.