Merritt Properties acquires five-building industrial park in Jacksonville, Fla.

Merritt Properties has announced the acquisition of an existing five-building industrial park located at 5022 Gate Parkway in Jacksonville, Fla. Formerly known as The Meridian at Deerwood, the newly acquired property has been renamed Merritt at Gate Parkway. This strategically located site, in the heart of St. Johns Town Center, offers access directly off the J. Turner Butler Boulevard on Gate Parkway in Duval County.

Spanning 200,000 square feet of light industrial space across five buildings, Merritt at Gate Parkway offers immediate leasing opportunities with spaces starting at 3,500 square feet. Zoned as industrial business park, the site offers 14-foot clear heights and ample parking, providing flexible industrial space for a variety of businesses.

Merritt at Gate Parkway is home to established tenants, including DB Structured Products and MMI.