July 25, 2016 3:03 AM ET

Real Estate Management and Development

Company Overview of Meritex Enterprises, Inc.

Company Overview

Meritex Enterprises, Inc. Invests in, owns, and manages a portfolio of multi-tenant industrial properties in various markets throughout the United States. It also buys, sells, and develops land zoned for industrial and commercial uses. The company manages warehouse, distribution, and office space for various businesses. Meritex Enterprises, Inc. was formerly known as Space Center Enterprises and changed its name to Meritex Enterprises, Inc. in 1999. The company was founded in 1990 and is based in Minneapolis, Minnesota with properties in Atlanta, Columbus, Houston, Kansas City, Indianapolis, Minneapolis/Saint Paul, and Phoenix.

24 University Avenue N.E.

Suite 200

Minneapolis, MN 55413

United States

Founded in 1990

Phone:

651-855-9700

Fax:

651-855-9701

Key Executives for Meritex Enterprises, Inc.

Chairman and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Age: 55
Senior Vice President of Meritex Logistics
Chief Investment Officer
Compensation as of Fiscal Year 2016.

Meritex Enterprises, Inc. Key Developments

Meritex Enterprises, Inc. Appoints Matt Wagner as Director of Acquisitions

Meritex Enterprises, Inc. announced that Matt Wagner has joined the company as Director of Acquisitions. Matt will be responsible for sourcing, underwriting, negotiating, and closing on acquisition and development opportunities in targeted US markets. Prior to joining Meritex, Matt was with Lincoln Advisory Group and also with Inland American Real Estate Trust, Inc., both in the greater Chicago area.

Meritex Announces Acquisition of Kennebec Distribution Center in Eagan, Minnesota

Meritex announced the acquisition of the Kennebec Distribution Center, a 155,050 square foot distribution center located at 3703 Kennebec Drive in Eagan, Minnesota. The property is 100% occupied and features an ESFR sprinkler system, a 26 foot clear ceiling height and efficient T-5 motion sensor lighting.

Meritex Enterprises Mulls Acquisitions

Meritex Enterprises, Inc. is seeking acquisitions. Meritex Enterprises, Inc. said that it is actively pursuing additional acquisition opportunities in the market.

Similar Private Companies By Industry

Company Name Region
+Process Team LLC United States
02 Lafayette LLC United States
10-12 MLane, LLC United States
10-20 Channel Center Property Owner LLC United States
10/120 South Riverside Fee LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 21, 2016
Sportech, Inc., 10,500 Square Foot Manufacturing Facility in Elk River
Merger/Acquisition
February 18, 2016
360,000-Square-Foot Office and Warehouse at 2470 Highcrest Road
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Meritex Enterprises, Inc., please visit www.meritex.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.