(PHOENIX) Having recently developed more than three million square feet of local industrial square footage spanning seven projects, Phoenix-based Merit Partners has been ranked the Phoenix area’s top commercial developer by the Phoenix Business Journal. The recently released rankings reflect 2019 statistics. Merit expects to exceed last year’s numbers as 2020 concludes.
From 2015 to 2018 Merit Partners has also been ranked as the Valley’s number one industrial developer by the Phoenix Business Journal.
Current notable projects for Merit include the 570 acre Camelback 303 development which envisions more than nine million square feet of industrial space in Glendale, and PV|303 in Goodyear which Merit has already developed over five million square feet with ability to develop an additional four million square feet.
Merit Partners is also developing Tolleson Corporate Park on 164 acres near 75th Avenue and Interstate 10 as well as Phoenix Logistics Center (“PLC”) 755,000 square feet in two buildings on 48 acres located on 91st Avenue and Buckeye.
Construction is underway on the Merit Sky Harbor Industrial Park near 7th Ave and Elwood in South Phoenix. The $100 million project is transforming an abandoned 83-acre cement plant at the Salt River bottom into an industrial park which will create as many as 1,000 jobs. The project also includes an $11 million environmental cleanup to help restore the area.
“Merit Partners believes in Arizona and its quality workforce. As much of our economic base shifts to light industrial and E-commerce in a COVID and post-COVID economy, we want to help our state lead the way in providing quality locations for employers and job seekers. We will definitely exceed our 2019 numbers in 2020,” said Kevin Czerwinski, President of Merit Partners.
Phoenix based Merit Partners is Arizona’s number one industrial real estate developer with projects all over the Valley representing a combined investment in excess of $2 billion.