{"id":1004284100,"date":"2018-12-06T09:17:33","date_gmt":"2018-12-06T17:17:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004284100"},"modified":"2022-12-08T14:19:46","modified_gmt":"2022-12-08T22:19:46","slug":"meritex-co-nears-completion-of-charlotte-industrial-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/meritex-co-nears-completion-of-charlotte-industrial-project\/","title":{"rendered":"Meritex Co. Nears Completion of Charlotte Industrial Project"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004284130\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004284130\" data-attachment-id=\"1004284130\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/meritex-co-nears-completion-of-charlotte-industrial-project\/clt-logistics-center-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg\" data-orig-size=\"400,310\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"CLT Logistics Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;CLT Logistics Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg?w=400\" class=\"wp-image-1004284130 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg 400w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg?resize=300,233 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004284130\" class=\"wp-caption-text\">CLT Logistics Center<\/p><\/div>\n<p>The Meritex Co. has broken ground on the final phase of its <a href=\"https:\/\/www.commercialsearch.com\/news\/meritex-expands-charlotte-industrial-presence\/\">development in Charlotte<\/a>, N.C. Dubbed CLT Logistics Center, the firm is building two additional properties at the site. Located near the Charlotte Douglas International Airport, the finished project will include three buildings, the first of which was a 79,420-square-foot asset completed earlier this year.&nbsp;<\/p>\n<p>The two properties will be named CLT Logistics Building II and III, totaling 135,024 square feet. Building features will include 32-foot clear heights, LED lighting with motion sensors, a high dock ratio count, natural light with clerestory windows, 60-foot speed bays, efficient column spacing, an ESFR sprinkler system, pit leveler and ample trailer storage. The firm will also build out additional office space featuring 12-foot ceilings, concrete floors, open floor plans and upgraded interior finishes.&nbsp;Completion for both assets is scheduled for the summer of 2019.&nbsp;<\/p>\n<h2>Room for growth<\/h2>\n<p>The finished CLT Logistics Center will encompass 14 buildings totaling nearly 800,000 square feet. This will bring the company&#8217;s footprint to nearly 1 million square feet of industrial space within the Charlotte metro. The Meritex Co. first entered the market back in 2016, when it purchased the 11-building CLT Logistics Center. The 583,021-square-foot property also came with 14 acres of land, which is where these new buildings are being constructed. The assets are currently 97 percent leased.&nbsp;<\/p>\n<p><em>\u201cThis development site is irreplaceable and strategically located adjacent to the airport providing excellent access to the airport cargo, intermodal, highways and downtown Charlotte,\u201d<\/em> said Matt Wagner, director of acquisitions at Meritex, in a prepared statement. \u201c<em>The new buildings and our existing business park attract a diverse tenant base because of its unique location and amenities that serve companies in distribution, freight forwarding, last-mile solutions, light industrial, manufacturing, tech and R&amp;D sectors.&#8221;<\/em><\/p>\n<p><em>Image courtesy of&nbsp;The Meritex Co.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Situated near the Charlotte Douglas International Airport, the finished CLT Logistics Center will encompass 14 buildings totaling nearly 800,000 square feet.<\/p>\n","protected":false},"author":746,"featured_media":1004284130,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21782,21748,21742],"tags":[35670,43256],"class_list":["post-1004284100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-development","category-industrial","category-latest","tag-meritex-enterprises","tag-the-meritex-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Meritex Co. Nears Completion of Charlotte Industrial Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/meritex-co-nears-completion-of-charlotte-industrial-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meritex Co. Nears Completion of Charlotte Industrial Project\" \/>\n<meta property=\"og:description\" content=\"Situated near the Charlotte Douglas International Airport, the finished CLT Logistics Center will encompass 14 buildings totaling nearly 800,000 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/meritex-co-nears-completion-of-charlotte-industrial-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-06T17:17:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:19:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/CLT-Logistics-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/meritex-co-nears-completion-of-charlotte-industrial-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/meritex-co-nears-completion-of-charlotte-industrial-project\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Meritex Co. 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