Construction is moving briskly ahead on the Matan Company’s Northlake II project, a five-building Class A Industrial development project in Ashland, Virginia (approximately 15 miles north of Richmond on the I-95 corridor).
The five-building development will be completed in two phases, which are being built concurrently. Phase 1 will offer 345,000 SF of new space across three buildings, and Phase 2 will offer an additional 655,000 SF across two buildings. Both phases are slated for delivery in 2022.
The Hanover County Economic Development Authority has listed this industrial park as a prime location for warehouse and logistics, pharmaceutical, food and beverage production, and light manufacturing and assembly operations.
All buildings will feature 32-foot ceiling clearance heights, dock-high doors, and trailer drop areas.