FREDERICK, Md., Nov. 5, 2021 /PRNewswire-PRWeb/ -- Matan Companies has purchased a 13-acre industrial site located on Woodyard Road in Clinton, Maryland for the development of a new industrial complex called Woodyard Industrial Park. Matan will commence construction in the spring of 2022 on two Class A buildings totaling approximately 200,000 square feet, with plans to deliver in the spring of 2023.
Building 1 will be 90,000 square feet with 18,000 square feet of future mezzanine potential and Building 2 will be 75,000 square feet with 15,000 square feet of future mezzanine potential. Both buildings will feature 32' clear ceiling heights, tilt-up concrete construction, 50' x 52' column spacing, a 60' speed bay, and a 190' truck court. Over 200 parking spaces will be available at the project including 6 electric vehicle charging stations and 10 trailer drops. Located just 8 miles southeast of Washington D.C. Woodyard Industrial Park offers quick and convenient access to Route 5/Branch Avenue and the Capital Beltway/I-495.
"By-right industrial sites in Prince George's County are tough to come by and we are thrilled to add Woodyard to our portfolio and look forward to breaking ground early next year," said Jamie Minkler, Director of Acquisitions for the Matan Companies. "Our program allows for full building or multi-tenant layouts, and our above-market parking ratios will appeal to a wide spectrum of industrial users."
Matan Companies will handle leasing in-house.
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 40 years ago on the principle of providing a comprehensive, full-service approach, the firm's current portfolio consists of over 7 million square feet of industrial/bio-life science/office assets, 4 million square feet in the development pipeline, several active residential developments, and a separate portfolio of multifamily and manufactured housing 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
Media Contact
Robyn Campbell, Marketing Manager, Matan, (301) 815-9980, [email protected]
SOURCE Matan
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