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Matan Signs 138K-SF Full-Building Lease in VA
Matan Companies secured a full-building lease agreement with DHL eCommerce for 138,000 square feet at 11400 University Blvd., Manassas, Virginia. The lease follows Matan’s recent expansion into Prince William County at Parkway 66 on Cushing Road. The leased space is part of the Redstone Industrial campus.
Matan sold a portion of the project to Carter Machinery and retained the remaining acreage for development. The adjacent building, 11450 University Blvd., is still available for lease, suitable for various purposes. Brad Benna represented Matan, while DHL was represented by Andrew Hegmann of Fischer Commercial Real Estate in Dallas, Texas.
“We have been so encouraged by the success of our projects in Northern Virginia but are especially appreciative of the performance of our assets in the Manassas area, which is now widely recognized as one of the most sought-after industrial sub-markets in the country,” said JP Matan, director of Leasing for the Matan Companies.
- ◦Lease
