December 27, 2014 5:22 PM ET

Real Estate Management and Development

Company Overview of Meritex Enterprises, Inc.

Company Overview

Meritex Enterprises, Inc. owns and manages commercial real estate properties in the United States. It offers warehouse, distribution, and office space to businesses. The company also buys, sells, and develops land zoned for industrial and commercial uses. 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.

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: 53
Senior Vice President of Meritex Logistics
Chief Investment Officer
Compensation as of Fiscal Year 2014.

Meritex Enterprises, Inc. Key Developments

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.

Meritex Breaks Ground for 130,000 Square Foot Highcrest Distribution Center in Roseville, Minnesota

Meritex announced the ground-breaking for the development of the Highcrest Distribution Center, a 130,000 square foot industrial distribution project located at 2400 Terminal Road in Roseville, Minnesota. The Highcrest Distribution Center benefits from a rare in-fill location with outstanding freeway access. Roseville is centrally located between both Minneapolis and St. Paul. The project will have 32-foot clear ceilings, up to 40 dock doors, ESFR sprinkler system, and can be subdivided to accommodate smaller tenants. The building is also designed to be served by the Minnesota Commercial Railway. The project will be ready for occupancy in November 2014.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 2, 2014
Warehouse Property in Colorado
Merger/Acquisition
September 23, 2014
Building at 444 Lafayette Road
Merger/Acquisition
May 21, 2014
102,297 Square Foot Warehouse at West Oak Parkway in Marietta, Georgia
 

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