Green Touch Builders | One local company is betting $100 million on warehouses
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April 13, 2015 By SEO Admin

One local company is betting $100 million on warehouses

Matan Cos. has closed on its newest real estate fund, Matan Fund V, and says it will invest in the warehouse and industrial sectors in the Washington area.

The new fund has $100 million in equity and the ability to expand up to $150 million. Frederick, Maryland-based Matan says the fund will grow to as much as 4 million square feet over the next 24 to 36 months.

The fund already has two pending deals totaling 250,000 square feet and a 120,000-square-foot building expected to start construction…