Matan Buys 10-Acre NoVa Industrial Site
ByMatan Cos. purchased a second industrial site in Dulles, Va. The 10-acre asset is located adjacent to the company’s spec warehouse building, already under development. Construction at the newly acquired site will begin in April 2018. The company plans to develop both to Class-A standards and top off the Dulles North Industrial Park project by December 2018.
The first building will feature 154,125 total square feet of space for potential tenants, divisible to 20,400-square-foot bays. Building two will have 138,628 square feet of total rentable space, divisible to 23,000-square-foot bays. Both buildings will feature 30-foot high ceilings, 40 by 40 feet column spacing, 50-foot speed bays, ESFR sprinkler systems and T5 lighting. The site has access to seven major fiber providers, allowing Matan Cos. to lease up to 10 megawatts of data center space within 12 months…
