Le Lézard
Classified in: Science and technology, Business
Subject: JVN

Matan Signs Full Building, Long-Term Lease with Goodwill E-Commerce at Wedgewood West in Frederick


FREDERICK, Md., Jan. 19, 2018 /PRNewswire-PRWeb/ -- Matan Companies announced today the signing of a 110,000 square-foot, full building lease with Goodwill Industries of Monocacy Valley, Inc. at their Wedgewood West project in Frederick, Maryland.

The location, at the corner of New Design Road and English Muffin Way, will be the e-commerce headquarters for Monocacy Valley Goodwill. Goodwill's web-based e-tail platform, shopgoodwill.com, started in Orange County, California over 20 years ago and has been thriving ever since.

Matan began construction on the 6-building, 675,000 square foot Wedgewood West project in December of 2015 and will complete the final phase of the development with the delivery of Goodwill's building. Drive-in loading docks, 30 foot ceilings, wide column spacing, state-of-the art design, and prime location, make Wedgewood West the ideal facility for their operations.

Tyler-Donegan Real Estate Services represented the tenant in this transaction.

"We are excited to welcome Goodwill to our portfolio and are proud to be a part of this exciting new e-commerce opportunity in Frederick," said Brad Benna of the Matan Companies. "We are currently marketing the recently delivered Building C, a 130,000 square-foot, 30 foot clear distribution building," Benna added.

In addition to Goodwill E-commerce, Wedgewood West's strong tenant roster includes Thermo Fisher Scientific, Premium Distributors, Emser Tile, Rainforest Distribution, Heartline Fitness, Wholesalers USA, and Precision Doors & Hardware.

For more information about Wedgewood West, please visit http://www.wedgewoodwest.com.

About Matan Companies

Matan Companies, headquartered in the Washington, D.C. suburbs, is one of the region's premier commercial real estate services and development firms. Founded over 35 years ago on the principle of providing a comprehensive, full service approach, the firm's current portfolio consists of over 6 million square feet of office/industrial assets, 3 million square feet in the development pipeline, several active residential developments, and a separate portfolio of multifamily units. The company delivers a full range of services to their real estate investors and tenants including asset and property management, leasing, and tenant services.

For additional information about the Matan Companies, please visit http://www.mataninc.com

For additional information about Goodwill, please contact mmeyer(at)gimv.org

 

SOURCE Matan Companies


These press releases may also interest you

at 08:03
The American Red Cross celebrates The Church of Jesus Christ of Latter-day Saints, headquartered in Salt Lake City, for its substantial donation of $7.35 million. The gift will help purchase blood equipment and biomedical emergency vehicles and will...

at 08:00
Bidpath Inc., a leading provider of global online auction software, proudly announces the launch of AuctionPay, a cutting-edge payments platform designed to revolutionize auction payments. With a focus on efficiency, security, and user-centric...

at 08:00
SC Ventures, Standard Chartered's innovation, fintech investment and ventures arm, is leading a ?12 million (USD $13 million) Series A round for distributed cloud provider Hive, to increase access to sustainable, high-powered computing resources for...

at 08:00
Callon Petroleum Company ("Callon" or the "Company") today announced the expiration and final tender results of its previously announced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any...

at 08:00
The parties in Severa, et al. v. Solvay Specialty Polymers USA, LLC, et al., announce that Judge Noel Hillman of the United States District Court for the District of New Jersey has preliminarily approved a class action settlement. The hearing on...

at 08:00
PassPort Technologies, Inc. (PPTI), based in San Diego, a clinical-stage drug and medical device development company, today announced positive interim results from the Phase 1 (Part A) clinical trial of Zolmitriptan PassPort® utilizing its...



News published on and distributed by: