Matan Acquires 25,000 SF Industrial Property in District Heights, MD

By Carl Norcott.
Updated Sep 27, 2022

FREDERICK, Md. (PRWEB) September 27, 2022 - Matan Companies announced today the purchase of 7804 Marlboro Pike, a 25,000 square foot industrial property in Prince Georges County, MD. The conditioned warehouse sits on 4.20 acres and is ideally located off I-495 at Route 4 / Pennsylvania Avenue in District Heights, just one mile from Andrews Air Force Base. The fully leased property boasts 20 clear ceiling height, two docks, two drive ins, heavy power and ample parking, and is home to Ely, Inc., a museum service company that provides safe storage of art, artifacts, and antiques for museums and collectors.

We are thrilled to add this unique asset to our portfolio, said Jamie Minkler, Director of Acquisitions for Matan. The combination of a functional industrial building and over an acre of outdoor yard space make this property truly one-of-a-kind.

About Matan Companies Matan Companies, headquartered in the Washington, D.C. suburbs, is one of the regions premier commercial real estate services and development firms. Founded over 45 years ago on the principle of providing a comprehensive, full-service approach, the firms current portfolio consists of over 6 million square feet of industrial/bio-life science/office assets, 16 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.