FREDERICK, Md., Aug. 21, 2026 /PRNewswire/ -- Matan Companies is pleased to announce the completion of two long-term industrial leases totaling more than 92,000 square feet in Frederick, Maryland, reinforcing the continued strength of the region's industrial market and demand for high-quality logistics and distribution space.
The first transaction is a multi-year lease with Sterling Computers Corporation (Sterling), a global solutions integrator serving federal agencies with the latest IT hardware, software, cloud, cybersecurity, and technology solutions. Sterling will occupy approximately 32,000 square feet in Frederick, Maryland enhancing its ability to configure, integrate, and deploy customized IT solutions in support of its federal customers. The transaction was completed through the collaborative efforts of Colliers and Matan Companies.
The second transaction is a 10-year lease with Global Sphere Trading, Co. for 60,000 square feet at Wedgewood South, located at 4510 Buckeystown Pike. The transaction was represented by Cushman & Wakefield and the Matan Companies.
"These long-term commitments reflect the continued confidence businesses have in Frederick as a premier location for industrial operations," said Brad Benna, Director of Leasing for Matan Companies. "We're proud to welcome Sterling Computers Corporation and Global Sphere Trading, Co. to our portfolio and appreciate the partnership of Colliers and Cushman & Wakefield in bringing these transactions to completion. Frederick continues to attract companies because of its strategic location, exceptional workforce, and convenient access to major transportation corridors, making it one of the Mid-Atlantic's strongest industrial markets."
About Matan Companies
Matan Companies, headquartered in the Washington, D.C. suburbs, is one of the region's premier commercial real estate services and development firms. Founded over 50 years ago on the principle of providing a comprehensive, full-service approach, the firm's current portfolio consists of over 10 million square feet of industrial/bio-life science/office assets, 20 million square feet in the development pipeline, several active residential developments, and a separate portfolio of multifamily and manufactured housing units. The company delivers a full range of services to their real estate investors and tenants including entitlement/construction management, asset and property management, leasing, and tenant services. For additional information about the Matan Companies, please visit www.mataninc.com.
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SOURCE Matan Companies
