What Matan Companies does

Matan Companies is a family-owned, full-service commercial real estate firm founded in 1976 and headquartered in Frederick, Maryland. The company develops, leases, manages, and invests in Class A industrial, life science, office, and retail properties concentrated in the Washington D.C. metropolitan region and the broader Mid-Atlantic. Per company disclosures, Matan has completed more than $5 billion in real estate transactions, owns/manages 50+ assets totaling more than 10 million square feet, has successfully brought over 4 million square feet of Class A warehouse, bioresearch, and office space to market, and maintains a development pipeline exceeding 20 million square feet. The firm operates under a vertically integrated "one roof" model that bundles ground-up development, leasing, property management, and asset management in-house, supported by an internal leasing team (JP Matan, James Matan, Brad Benna) and broker partnerships (JLL for Port 460). Capital partners include Rockefeller Group and Japanese institutional investors (Mitsubishi Estate NY, Chuo Nittochi, Taisei USA LLC) for the Port 460 mega-project, plus lending relationships with M&T Bank and Mesa West Capital.

Revenue is generated through four streams: ground-up development (one-time gains on sale or lease-up of Class A buildings), integrated leasing commissions and tenant representation (professional services), managed property management (managed services on owned and third-party assets), and asset management (managed services with capital-markets and real-estate evaluation). Pricing is project-based and negotiated individually; no public pricing tiers exist. Customers are enterprise-weighted and span logistics/distribution (Amazon, DHL, DSV, A. Duie Pyle, Ferguson, Chadwell Supply), life sciences (AstraZeneca), retail (Walmart, Chick-fil-A, Sheetz), industrial distribution (Daikin, Star Pipe Products, PMC Commercial Interiors), construction (DPR Construction), and government (Montgomery County Public Schools). Marketing is direct and broker-assisted, leveraging a corporate website, an investor portal, a tenant portal (MRI Software), and earned media in Bisnow, Washington Business Journal, and CoStar.

The technology stack is standard for the industry — MRI Software for tenant management, e-billexpress/ACI Worldwide for payment processing, Google Analytics and Google Ads via Google Tag Manager, and embedded Google Maps and YouTube/Vimeo players. Matan is a private, family-controlled corporation (Matan, Inc., Maryland) with no institutional investment, no public financials, and no disclosed AI/ML capabilities. Headcount is reported at 11-50, consistent with an asset-heavy model where employees manage a 10+ MSF portfolio and a 20+ MSF pipeline. Recent activity is expansionary: 2022-2024 acquisitions, the Port 460 JV (Nov 2023, ground broken Sept 2024), and multiple 2025-2026 project launches (Venture Industrial, Port 460 Building 3, Progress Way Retail, Northlake III) point to aggressive forward growth.

Name

Matan Companies

Legal name

Matan, Inc.

Website

https://mataninc.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

Matan Companies is a family-owned commercial real estate firm founded in 1976 that develops, leases, and manages Class A industrial, life science, office, and retail properties across the Washington D.C. region and Mid-Atlantic, with 50+ assets and 10+ million square feet under management.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

akta.pro primary industry

Industrial & Logistics Real Estate Asset Management (BPAJAMAC)

Keywords

• Commercial real estate development
• Industrial property leasing
• Property management services
• Asset management services
• Class A warehouse development

Headquarters

HQ city

Frederick

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Real Estate Development: Ground-up development of Class A industrial, office, and retail properties. Revenue generated from sale or lease-up of developed properties. Matan has successfully brought over 4 million square feet of Class-A warehouse, bioresearch facilities, and office space to market.
2. Leasing Services: Integrated leasing services for commercial properties including tenant representation, negotiations, and tenant improvement coordination.
3. Property Management: Day-to-day property management services ensuring operational efficiencies and quality tenant experiences.
4. Asset Management: Strategic evaluation of investment properties from real estate and capital market perspectives to identify revenue opportunities and mitigate risk.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Matan Companies is a full-service commercial real estate development, investment, and management firm that develops, leases, and manages Class A industrial, life science, office, and retail properties across the Washington, D.C. metropolitan region and Mid-Atlantic. The firm provides integrated services spanning ground-up development, leasing, property management, and asset management, with a portfolio of 50+ assets totaling more than 10 million square feet and a development pipeline exceeding 20 million square feet.

Product overview

Matan Companies is a full-service real estate development firm offering comprehensive commercial real estate services including leasing, property management, asset management, ground-up development, repositioning, and redevelopment. Their portfolio consists of distinct property types across industrial (warehouses, distribution centers, logistics parks), office, and retail properties. Key industrial properties include Port 460 Logistics Center (5 MSF mega-park in Suffolk, VA), Northlake II (547,000 SF in Ashland, VA), Ladysmith Logistics Center (1.2+ MSF in Ruther Glen, VA), New Kent Logistics Center (780,000 SF in Providence Forge, VA), Deepwater Industrial (321,000 SF in Richmond, VA), and Center 85 at Westview South (700,000 SF mixed-use in Frederick, MD). The 700 & 750 Progress Way campus in Gaithersburg MD features life science and industrial space leased to AstraZeneca, Daikin, and MCPS. Office properties include Riverside Five and 270 Corporate Center. The company serves tenants ranging from major corporations (Amazon, AstraZeneca, Walmart, DHL) to government entities (Montgomery County Public Schools) and general contractors (DPR Construction).

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Industrial 250,000 SF Class A industrial development in Stafford, VA along I-95 with 36-foot ceiling heights, 60 dock doors, EV charging stations, and flexibility for single-tenant or multi-tenant configurations. Delivering July 2027.
• Crossroads Industrial 219,456 SF Class A industrial building in Fredericksburg, VA with 32-foot clear ceiling heights, 64 dock doors, LED lighting, ESFR sprinklers, and 480/277V 3-Phase power supply. Six EV charging stations. Delivered August 2024 and fully leased to DSV.
• Northlake II Four-building, two-phase ground-up industrial development in Ashland, VA totaling 547,000 SF. Phase 1 (345,000 SF) delivered and leased to Ferguson, Chadwell Supply, Envoy Solutions, and Haskell Hardware. Phase 2 (Building D: 202,600 SF) delivering 2026.
• Ladysmith Logistics Center 196-acre Class A industrial development in Ruther Glen, VA featuring two buildings totaling over 1.2 million SF. Located at I-95 and Route 639 with 40-foot clear ceiling heights, over 200 dock doors, and 850+ car parking spaces.
• New Kent Logistics Center 780,000 SF Class A industrial development in Providence Forge, VA across three buildings along I-64. Buildings range from 80,000 SF to 500,000 SF with minimum 32-foot clear ceiling heights and up to 96 dock doors.
• Deepwater Industrial 321,724 SF Class A industrial park in Richmond, VA featuring two buildings (Building A: 119,000 SF fully leased; Building C: 202,000 SF with 33,759 SF available). Located 2.2 miles from Richmond Marine Terminal with 36-foot clear heights.
• Center 85 at Westview South Five-building approximately 700,000 SF development in Frederick, MD. Building 1 (116,800 SF with 84,660 SF available), Buildings 2-3 completed and leased, Buildings 4-5 are build-to-suit opportunities. Located in Route 85 corridor with access to I-270.
• Riverside I 215,000 SF property in Frederick, MD featuring a 96,000 SF existing building and 118,000 SF expansion. First floor and new building leased to JLG Industries. 63,800 SF still available (2nd and 3rd floors of existing building).
• Progress Way Retail 10,175 SF strip retail center under construction at 715 Progress Way, Gaithersburg, MD. Adjacent to Chick-fil-A and Sheetz with three pad sites available totaling 4 acres. Located off I-270 fronting Route 355.
• 700 & 750 Progress Way 395,308 SF Class A life science and industrial campus in Gaithersburg, MD at I-270. 700 Progress Way (198,000 SF) fully leased to AstraZeneca. 750 Progress Way (197,645 SF with 161,500 SF available). Features EV charging stations.
• Port 460 Logistics Center 5 million SF master-planned industrial park in Suffolk, VA near Port of Virginia. Joint venture with Rockefeller Group spanning 540+ acres. Phase 1 delivers 2.4 million SF across five buildings; Phase 2 adds 2.7 million SF. Foreign Trade Zone 20 enabled.
• Riverside Five 126,151 SF four-story Class A office building in Frederick, MD along the Monocacy River. Features two-story lobby, green construction elements, and 4.0/1,000 SF parking ratio. Adjacent to 177-acre Riverside Research Park.
• 270 Corporate Center 452,252 SF office campus in Germantown, MD near I-270. Recent multi-million dollar capital improvements including new fitness center, conferencing facility, lobby renovations, and outdoor courtyard with wifi.
• Crosspointe Industrial Build-to-suit opportunity in Frederick, MD offering up to 549,300 SF across three buildings on 40 acres. Located at 4317 Buckeystown Pike, marketed as part of Frederick County's growing industrial market.
• Virginia Gateway Distribution Center Planned 420,000 SF Class A industrial development in Stafford, VA along I-95 between Richmond and Washington, D.C. Site serves over 6.5 million residents in D.C. MSA.
• Leasing Services Integrated leasing services for commercial properties that include initial showings, lease negotiations, tenant improvement coordination, expansions, and lease renewals. Designed for corporate and government tenants seeking industrial, life science, office, and retail space.
• Property Management Day-to-day property management services that vigilantly meet the operational needs of each property while maximizing operational efficiencies and creating quality tenant experiences, supported by a tenant portal for service requests and credit card rent payments.
• Asset Management Strategic evaluation of investment properties from real estate and capital market perspectives to identify new efficiencies, find innovative revenue opportunities, and mitigate risk for property owners and investors.
• Ground-Up Development Ground-up real estate development of Class A industrial, office, and retail properties, tailoring properties to tenant specifications and managing projects from concept through construction.

Quantifiable outcome

• Delivered and fully leased 50+ assets totaling 10+ million square feet
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• A. Duie PylecoreStrategic or Co-development Partner · 21 January 2026A. Duie Pyle purchased a 43-acre site at Port 460 Logistics Center to develop an integrated distribution hub including a 52-door LTL cross-dock facility and up to 420,000 SF of warehouse space. Partnership with Rockefeller Group and Matan Companies.
• Rockefeller GroupcoreStrategic or Co-development Partner · 15 November 2023Joint venture partnership between Rockefeller Group and Matan Companies to develop Port 460 Logistics Center, a 5+ million square foot industrial development on over 500 acres in Suffolk, VA near the Port of Virginia. Rockefeller Group and Matan broke ground on Port 460 in September 2024.
• JLLcoreChannel Partner/ Reseller/ DistributorJLL handles leasing and marketing at Port 460 Logistics Center. Team members include Brian Devlin, Todd Hughes, Kris Kennedy, Gregg Christofferson, and others for the industrial project.
• Building Futures ProjectminorStrategic or Co-development PartnerNonprofit partnership for community service. Matan employees travel to El Salvador for week-long service trips, collaborating on community infrastructure, outreach, and support for underserved populations. Matan's first international service initiative.
• Blessings in a BackpackminorStrategic or Co-development PartnerPartnership with Blessings in a Backpack Frederick Chapter to provide weekend meals for children facing food insecurity. Matan has partnered for eight consecutive years, packing thousands of food bags for local students in need.
• HouriganminorStrategic or Co-development PartnerHourigan developed Deepwater Industrial Park in collaboration with DSC Partners before Matan's acquisition of the two industrial buildings totaling 321,000 SF.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• St. John Properties: Maryland-based commercial real estate developer with a similar Mid-Atlantic focus on Class A office, industrial, and retail properties. Directly competes with Matan for tenants and development sites across the Baltimore-Washington corridor.
• Merritt Properties: Mid-Atlantic commercial real estate firm specializing in Class A industrial, office, and retail developments, headquartered in Maryland. Directly comparable to Matan in geography, product type, and tenant profile.
• Hillwood: Major industrial and commercial real estate developer with a significant presence in the Mid-Atlantic and along the I-95 corridor. Comparable to Matan in industrial/logistics development focus and institutional partnership model.
• EastGroup Properties: Sun Belt-focused industrial REIT that develops and acquires Class A distribution facilities. Comparable to Matan in industrial vertical specialization, ground-up development, and tenant quality.
• First Industrial Realty Trust: U.S. industrial REIT focused on Class A bulk distribution and light industrial properties. Comparable to Matan in target product type, tenant credit profile, and development-driven growth model.
• Terreno Realty: Industrial REIT that acquires, develops, and operates Class A distribution properties in core U.S. logistics markets. Closely comparable to Matan in product type, target markets, and value-add development strategy.

Broad incumbents

• Prologis: Largest global industrial REIT with a dominant U.S. logistics portfolio. Competes with Matan for institutional industrial tenants and represents the public-market comparable for Matan's industrial strategy.

Others

• Rockefeller Group: Established U.S. real estate developer and Matan's joint venture partner on Port 460 Logistics Center. Comparable in industrial development scale and institutional capital relationships, and a current partner rather than a competitor.
• JLL: Global commercial real estate services firm that handles leasing and capital markets for Matan's Port 460 project. Adjacent participant in the same industrial development ecosystem rather than a direct developer competitor.
• CBRE: Largest global commercial real estate services firm with significant industrial capital markets and advisory capabilities. Provides the institutional CRE services and capital markets infrastructure adjacent to Matan's development platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/matan_companies
• YouTubeyoutube.com/channel/UC3D8xad39ohpPd8FPJDVeTA
• Facebookfacebook.com/MatanCompanies
• LinkedInlinkedin.com/company/matan

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matan Companies