Merritt Properties announced today that the company has completed the first of two Class A light industrial buildings at Merritt Business Park at Quantico Corporate Center, with 46,995 square feet pre-leased to local tech company Hayats Pro and government contractor UVision USA Corporation.
Merritt Properties Completes First Building at Merritt Business Park in Quantico, Virginia forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Merritt Properties Expands Stafford County Footprint, Acquires 28 Acres for Light Industrial Business Park
Merritt Properties Expands Stafford County Footprint, Acquires 28 Acres for Light Industrial Business Park
Ashburn, VA, Jan. 25, 2021 Merritt Properties, a full-service commercial real estate developer with over 17 million square feet of space throughout Maryland, North Carolina and Virginia, has successfully closed and acquired 28 acres of land in Stafford County, Va. With historically low vacancy rates within its existing light industrial portfolio, as well as increasing demand for the product along the I-95 corridor south of Washington, DC, Merritt at Austin Ridge will be the developer’s second speculative, light industrial project in the market. Construction is expected to begin this summer.