$60M Hanover industrial development to begin construction in May

Northlake II scheduled for spring 2022 opening

Published April 16, 2021 by Rich Griset

A $60 million, five-building industrial development is set to begin construction next month in Hanover County.

Northlake II will include approximately 655,000 square feet of Class A industrial space. Construction on the first three buildings will commence in May, with an anticipated completion of spring 2022. The project is being developed by Maryland-based Matan Cos.; industrial leasing will be overseen by JLL.

JLL’s Gareth Jones, Chris Avellana and Charlie Polk will handle the leasing efforts for Matan at Northlake.