Provided by Prince William Economic Development
Merritt Properties has broken ground on two industrial buildings in the I-66 Business Park at the intersection of Balls Ford Road and Groveton Road in Manassas. Merritt is a full-service commercial real estate company with nearly 16 million square feet of space in Virginia and Maryland.
Once developed, I-66 Business Park will total 596,900 square feet among six properties. Construction on the first three buildings finished in January 2019 and overall occupancy hit 91 percent in July 2019.
“This Class A industrial development is designed to fill a void in the market, accommodate bulk and mid-sized storage users, and provide flexibility for growing businesses,” said Shaelyn Mullaney of Merritt’s leasing team. “The park is ideal for companies seeking prominent visibility along I-66 and spacious truck courts with ample parking.”
Representing phase two of construction, Merritt Construction Services is currently building a 97,200-square-foot and a 137,350-square-foot warehouse with 24-foot and 32-foot clear heights, respectively. These properties offer 140 to 180-foot truck courts, dock and drive-in loading, and free surface parking. Delivery is expected to occur in December 2019.
“Thanks to partnerships within the brokerage community, the park features high-caliber customers from a variety of industries,” said Mullaney. “We are experiencing strong pre-leasing interest given the demand for light industrial product in the market.”
Current tenants include Able Moving & Storage, Mu-Del Electronics, SixFour3, Structural Technologies, Sunbelt Rentals, United Brokerage Packaging, and UNITS Moving and Portable Storage.
I-66 Business Park is Merritt’s first project in Prince William County. The development sits along Interstate 66 just east of the Prince William Parkway and the Route 234 Bypass. Merritt Properties acquired the 46-acre complex in 2015.