Merritt at Austin Ridge will offer five single-story buildings ranging from 54,500 to 113,775 square feet, totaling 390,075 square feet of new flex light industrial space in Stafford County. Located at Interstate-95 Exit 140 (Courthouse Road), the new business park represents Merritt’s second “spec” investment along Stafford’s I-95 corridor.
Merritt Properties, a successful, full-service commercial real estate developer with over 17 million square feet of space throughout Maryland, North Carolina, and Virginia has successfully closed and acquired 28 acres of land to develop the new business park.
“With their expanded business footprint in Stafford County, Merritt quickly adds to the available inventory for our growing light industrial, distribution, and tech manufacturing space,” stated John Holden, Director for Stafford County Economic Development and Tourism. “This inventory will allow us to capture the growing interest and demand for tech-based targeted businesses in Stafford.”
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