Washington DC CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Merritt Properties to Develop Spec Industrial Campus in Northern Virginia
Merrit Properties has acquired 28 acres in Northern Virginia with plans to develop Merritt at Austin Ridge, a speculative industrial campus in Stafford, VA.
The campus is slated to feature five light industrial buildings spanning 54,500 to 113,775 square feet each. The project will offer clear heights from 18 to 32 feet as well as rear-loaded docks, drive-in doors and free surface parking. The Virginia-based developer plans to break ground on the project in the third quarter of 2021.
Merritt Construction Services, the construction division of Merritt Cos., will manage the project’s construction. Merritt expects to deliver the property during the second quarter of 2022. Merritt at Austin Ridge will be Merritt’s second spec project in Stafford County.
For comments, questions or concerns, please contact David Cohen
- ◦Development