FREDERICK, Md.—Global logistics provider DSV has leased an entire 219,456-square-foot warehouse at Matan Companies’ Crossroads Industrial development in Stafford, Va., marking one of the region’s more significant industrial deals this year as demand for modern distribution facilities continues to spill down the I-95 corridor.
The building, located at 1045 Richmond Highway near Fredericksburg, gives Denmark-based DSV a strategically positioned foothold between Washington, D.C., and Richmond. The site offers immediate access to I-95 and proximity to major Mid-Atlantic population centers—key factors that have kept industrial vacancy rates tight in northern and central Virginia.
“We are thrilled to welcome DSV to the Matan portfolio,” said JP Matan, a principal at the firm. “Their decision to lease at Crossroads Industrial validates both the strength of the Stafford market and our continued investment in state-of-the-art industrial space across the region.”
Completed with 32-foot clear heights, abundant trailer and car parking, modern loading configurations and energy-efficient design, the facility aligns with the specifications favored by global logistics operators seeking flexible, high-throughput distribution space.
DSV, which operates in more than 90 countries, is expanding its U.S. network as shippers continue to diversify supply chains and reposition inventories closer to end customers. The company said the new Stafford facility will support its growing regional operations and fortify supply-chain capabilities throughout the Mid-Atlantic.
The lease also underscores rising developer interest in Stafford County, long viewed as a secondary logistics market but increasingly benefiting from industrial users priced out of Northern Virginia’s tighter submarkets. With Crossroads Industrial now fully leased, Matan plans to break ground on its next Stafford project, Venture Industrial, as part of a broader push along the I-95 corridor.
“Our expansion into Stafford County is a natural extension of our regional development strategy,” said Zach Jung, a managing director at Matan. “With Crossroads Industrial fully leased and Venture Industrial on deck, we’re excited to deepen our investment and bring additional first-class product to this thriving market.”
