Contact Information: Contact: Dan Ward (866) 526-1437
Meritex Acquires Cumberland Business Center, Atlanta, GA
| Source: Meritex Enterprises
ATLANTA, GA--(Marketwire - June 5, 2008) - Meritex Enterprises announced the purchase of
the Cumberland Business Center, a two-building 168,078 square foot, Class A
office/warehouse complex located at 1700 & 1750 Enterprise Way in Marietta
(Atlanta), Georgia.
Meritex is committed to expansion in the Atlanta market, and now owns ten
buildings totaling over 755,000 square feet. The purchase is consistent
with Meritex's strategy to build portfolios of multi-tenant industrial
properties in targeted markets such as Houston, Atlanta, Indianapolis,
Minneapolis and Columbus. "This acquisition will allow us to continue to
better serve our customers and their ever-changing business needs,"
commented Dan Ward, director of acquisitions.
Company Information: Meritex Enterprises, Inc. is a private real estate
investment and management company that acquires, develops, owns and
operates commercial real estate, primarily institutional grade,
multi-tenant industrial properties. The Company owns, leases and manages
8.8 million square feet of commercial real estate in 10 markets in the U.S.
Its portfolio consists of multi-tenant industrial, office and subsurface
industrial properties. The company's properties are located in Atlanta,
Columbus, Denver, Houston, Indianapolis, Kansas City, Minneapolis-St. Paul,
Nashville, and Warren, OH. In addition, a subsidiary, Meritex Logistics,
provides third party logistics services in Kansas City, Memphis, Nashville,
and Warren. Additional information can be found at the Company's website
www.meritex.com.