Two-million-square-foot development positioned in vital location between Richmond and Port of Virginia
News release
11 July 2024
Matan Companies to develop New Kent Logistics Center
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RICHMOND, VA, July 11, 2024 – JLL announced today it represented Matan Companies in the purchase of approximately 185 acres of industrial-zoned land for its planned development, New Kent Logistics Center. JLL is also marketing for lease the four-building, two-million-square-foot industrial project located at the Emmaus Church Road interchange on Interstate 64 New Kent County, Virginia.
“With the uptick in activity at the Port of Virginia, additional industrial space is needed now more than ever,” stated JP Matan, Director of Leasing, Matan Companies. “The New Kent Logistics Center, which is ideally located between Norfolk and Richmond, has the ability to accommodate companies doing business along the I-64 corridor in these major Mid-Atlantic cities.”
“There continues to be strong demand for modern industrial space in Richmond and Hampton Roads,” said Gareth Jones, Managing Director, JLL. “Matan will deliver much needed high-quality industrial space to accommodate a variety of occupiers and they are entitling the property to make the process that much easier for tenants.”
JLL’s Gareth Jones, Chris Avellana and Charlie Polk represent Matan at New Kent Logistics Center.
For more information about JLL Richmond, visit https://www.us.jll.com/en/locations/mid-atlantic. For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.