4B — November 24 - December 7, 2017 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers &M anagers Plans for 292,000 s/f of spec warehouse Matan Companies purchases 2nd 10-acre industrial site D u l l e s , V A — Matan Companies has purchased a sec-

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ond 10-acre industrial site on Maries Rd. in Dulles ex- panding the development of their new class A industrial complex called Dulles North Industrial Park. The Fred- erick based developer is cur- rently tilting walls on its first 154,125 s/f class A spec industrial building that will deliver in April 2018. Matan will commence construction on the second spec building totaling 138,500 in April de- livering in December 2018. . Located along the northern

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Dulles North Industrial Park

edge of the Dulles Corridor,

Dulles North Industrial Park. n JBG Smith wins NAIOP DC MD Firm Of The Year Award CHEVY CHASE, MD — JBG SMITH Properties has won the NAIOP DC/MD 2017 Firm of the Year Award. This Award commends excellence and professional leadership within the industry, as well as service to the regional economy and community organizations. “JBG SMITH’s foundation rests on innovative building design, environmentally friend- ly practices, commitment to placemaking, transit-oriented development, and an ongoing pledge to create stronger neigh- borhoods,” said Matt Kelly , CEO of JBGS. “We believe in going beyond merely develop- ing one-off properties to creat- ing better neighborhoods and communities that will endure for decades.” JBG SMITH’s expertise in placemaking transforms prop- erties through mixed uses, creative design and cultural engagement, maximizing the value of high-density, Met- ro-served real estate. JBG SMITH has demonstrated its placemaking skill through residential, retail, and office development in Shaw, the Capital Riverfront, L’Enfant, Reston, Rosslyn, and Rockville, among others. These neigh- borhoods are prime examples of where placemaking has been a catalyst for widespread change, bringing together cul- tural aspects, public spaces, retail and amenity-rich resi- dences. The company’s commitment to sustainability integrates environmentally friendly prac- tices, corporate policies, and asset business plans. n


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