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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Matan Companies Acquires 321,000 SF at Deepwater Industrial in Richmond, VA
Matan Companies announced today the purchase of two recently delivered, high-bay industrial buildings totaling 321,000 square feet at Deepwater Industrial Park in Richmond, Virginia. Boasting 36' clear ceiling heights, 52' x 52' column spacing,…
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Matan Companies Breaks Ground on 220,000 SF of Spec Warehouse in Stafford County, VA
Construction is underway on Matan’s new development venture in Stafford County, Virginia called Crossroads Industrial. Slated to deliver in July 2024, this 220,000-square-foot, Class A project offers ideally located industrial space with unmatched…
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Construction is Underway on Sam’s Carwash at Westview South in Frederick
Sam’s Carwash, a family owned and operated car wash in the Washington DC area, is under construction on their newest location in Frederick, MD. Located at 4960 Westview Drive, the project will include the construction of a state-of-the-art, user-…
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Matan Companies Welcomes Four New Tenants to Northlake II
Matan Companies announced today the signing of several notable tenants to its Northlake II development in Ashland, Virginia. The tenants include Ferguson Enterprises, Chadwell Supply and Metropolitan Warehouse & Delivery. Phase One of the…
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Matan Signs 210,000 SF of Leases at Center 85 in Frederick, MD
Matan Companies is pleased to announce the signing of three long term leases at 4910 Executive Court, at its Center 85 project in Frederick, MD. The three leases, which total nearly 210,000 SF, were signed with Leonardo DRS, Walmart, and Envigo. The…
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Matan Employees Make Over 50 Blankets for Project Linus
This St. Patrick's Day our employees spent most of the day making over 50 handmade blankets for Project Linus – a non-profit organization that provides blankets to children in need. We hope to bring smiles and warm snuggles to all the children who…
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Matan Finishes First Building at Former Leidos Campus in Gaithersburg
Matan Cos. has completed the first of two speculative buildings on Leidos' former corporate campus in Gaithersburg, Maryland, as part of an initiative to bring 2 million square feet of biomanufacturing-ready space to the Interstate 270 corridor.
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Governor Youngkin Releases Economic Development Policy to Grow Virginia’s Economy
Governor Glenn Youngkin today unveiled “Compete to Win”, a comprehensive economic development policy to grow Virginia’s economy which he announced at the 2022 Virginia Economic Summit hosted by the Virginia Chamber of Commerce and Virginia Economic…
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Matan Hires JLL to Oversee Leasing and Marketing at Port 460
Matan announces today it has retained JLL to manage the leasing and marketing efforts at Port 460 Logistics Center at 2925 Pruden Boulevard in Suffolk, Virginia. Once completed, Port 460 will be a 540-acre, five million square foot Class A master…
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