Matan Companies Teams with Federal Capital Partners to Finance the National Cancer Institute at Riverside Research Park in Frederick...(this partnership with the Matan Companie...)

Date:10/2/2009

this partnership with the Matan Companies to bring this very important project to fruition," said Esko Korhonen, Managing Partner of FCP. "The diligent work by our teams resulted in consummating a great financing package and we appreciated the opportunity to work with Wells Fargo, US Bank, Jones Lang LaSalle and Cassidy & Pinkard to get this deal completed."

Cassidy and Pinkard helped to secure the equity and debt for this transaction and Jones Lang LaSalle represented the Tenant.

About Riverside Research Park

Riverside Research Park is the first biomedical research and development park of its kind in Frederick Maryland. The 177 acre site has all necessary infrastructure and utilities in place and is ready to build. Riverside delivered its first tenant in the Spring of 2008, a 54,000 sf facility for Charles River Labs. Riverside can accommodate up to 1.8 million square feet of lab, R &D, and office space. "Frederick has a vibrant biotech community servicing NIH, the National Cancer Institute and Fort Detrick, but until now there hasn't been a destination for these companies to come together in a collaborative campus type environment in this market. Riverside Research Park provides just that and there has been a very high level of interest from companies looking to co-locate with the National Cancer Institute" said J.P. Matan, Director of Leasing for Matan Companies. Located within the city limits of Frederick and less than three miles from the main gates of Fort Detrick, Riverside is uniquely positioned to provide private sector companies, government agencies, and universities a secure and collaborative work environment. Abundant green space, water features, walk/jogging trails, courtyards, and chance meeting spaces will all add to the collaborative work environment and campus like feel of Riverside Research Park. For more information please visit:

SOURCE Matan Companies Copyright©2009 PR Newswire. All rights reserved

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