The groundbreaking ceremony for the first phase of Port 460 Logistics Center in Suffolk, Virginia marks the beginning of a transformative project that will deliver 2.4 million square feet of commercial space across five buildings. This multi-phase development is a joint venture between Rockefeller Group, Matan Companies, Mitsubishi Estate New York, Chuo Nittochi, and Taisei USA LLC.

With the first two buildings and infrastructure set to be completed within the next hour, Port 460 Logistics Center is set to become a premier industrial development that will attract U.S. and global businesses seeking direct access to the expanded Port of Virginia. The second phase, totaling 2.6 million square feet, will follow the completion of phase one.

“Today marks the start of an exciting chapter at Port 460,” said JP Matan, Director of Leasing at Matan Companies. “We are breaking ground on what will become one of the most impactful industrial developments in the country and we could not have done it without the support and vision from so many experts in development as well as state and local government officials.”

The project has received significant support from Governor Glenn Youngkin, who allocated $30.1 million to the Path 460 Road Development Program and announced a $3.5 million loan through the Virginia Business Ready Sites Program. These investments will improve roadway and infrastructure access to the site and support the development of operations-ready sites for employers and manufacturers looking to expand in the Commonwealth.

Upon completion, Port 460 is expected to create 2,600 jobs during construction and support over 9,000 jobs when fully built out. The economic impact of this project will underscore Virginia’s commitment to top-notch infrastructure and position the state as a hub for logistics and supply chain investment, as well as domestic manufacturing and innovation.

Located within a 100-mile radius of 3.7 million consumers and a 200-mile radius of 18.6 million consumers, Port 460 offers direct access to the Port of Virginia and 75 percent of the U.S. population. The project is expected to have a positive ripple effect on the Commonwealth and the global economy.

Rockefeller Group and Matan Companies are leading the development of Port 460, with leasing handled by JLL’s Gregg Christoffersen and Kristopher Kennedy. For more information about Port 460 and its progress, visit port460.com.

About Rockefeller Group:

Rockefeller Group develops, owns, and operates properties across the United States, delivering exceptional experiences and value through a commitment to excellence in the built environment. With a portfolio spanning commercial, office, multifamily, and mixed-use projects, Rockefeller Group has a significant ownership interest in approximately six million square feet of office space in New York. Visit RockefellerGroup.com for more information.

About Matan Companies:

Matan Companies, headquartered in the Washington, D.C. suburbs, is a premier commercial real estate services and development company with over 45 years of experience. The company’s diverse portfolio includes over 7 million square feet of commercial, life science, and office properties, with 15 million square feet in the development pipeline. Matan Companies offers a comprehensive range of services to real estate investors and tenants, including entitlement/development management, asset and property management, leasing, and tenant services.

The Importance of Exercise for Mental Health”

Exercise is often touted for its physical benefits, such as weight management and improved cardiovascular health. However, its benefits extend far beyond just the physical realm. In fact, regular exercise has been shown to have a profound impact on mental health as well.

One of the primary ways in which exercise benefits mental health is through the release of endorphins, often referred to as the “feel-good” hormones. When we engage in physical activity, our bodies release these chemicals, which can help to reduce feelings of stress and anxiety, as well as improve mood. In fact, studies have shown that regular exercise can be just as effective as medication in treating mild to moderate depression.

Exercise also has a positive impact on self-esteem and self-confidence. When we set goals for ourselves and achieve them through physical activity, it can boost our sense of accomplishment and self-worth. Additionally, exercise can help to improve sleep quality, which is crucial for maintaining good mental health. Poor sleep has been linked to a variety of mental health issues, including depression and anxiety.

Furthermore, exercise provides a healthy outlet for stress and pent-up emotions. When we are feeling overwhelmed or anxious, engaging in physical activity can help to release tension and clear our minds. Whether it’s going for a run, practicing yoga, or lifting weights, exercise can provide a much-needed break from the pressures of daily life.

In today’s fast-paced world, it can be easy to neglect our mental health in favor of other priorities. However, incorporating regular exercise into our routine can have a significant impact on our overall well-being. Whether it’s a brisk walk around the neighborhood or a high-intensity workout at the gym, finding ways to stay active can go a long way in improving our mental health. So next time you’re feeling stressed or down, consider lacing up your sneakers and breaking a sweat – your mind will thank you for it.