Listen to this articleBaltimore commercial real estate firm Merritt Properties Monday announced the construction completion of 42 Crossing, a three-building, 213,800-square-foot light industrial development in Garner, North Carolina that offers multi-bay and incubator spaces.
As leasing commences at 42 Crossing, Merritt has also completed the lease-up of Merritt Midway Business Park, a three-building, 211,450-square-foot light industrial park in Knightdale, North Carolina.
42 Crossing, located on 22 acres in the growing Johnston County area, boasts convenient access to Interstate 40 and the I-540 extension. The development features buildings with 18- to 24-foot clear heights, rear-loaded docks and drive-in capabilities, catering to a variety of light industrial needs.
A unique aspect of 42 Crossing is its offering of incubator warehouses, ideal for companies seeking 1,800 to 3,600 square feet of small-bay industrial space. These move-in ready facilities include two offices, a bathroom, and a climate-controlled warehouse, all with at-grade drive-in access.
Merritt Midway Business Park, located off Hinton Oaks Boulevard and Hinton Pond Road, just east of I-540 in Knightdale, has achieved full occupancy with a diverse range of tenants. A fourth 72,600-square-foot building has been proposed for build-to-suit and leasing opportunities.
NAI Tri Properties supported Merritt’s leasing team throughout the process, contributing to the successful leasing of Merritt Midway Business Park.
Merritt Properties has more than 21 million square feet of office, warehouse, industrial, retail and build-to-suit throughout Maryland, Florida, North Carolina and Virginia.