Meritex Announces 2009 Leasing Activity in Indianapolis

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Thu Oct 29, 2009 6:01am EDT

  INDIANAPOLIS, IN, Oct 29 (MARKET WIRE) -- 
Meritex announced today that during 2009 it has signed leases in the
Indianapolis market aggregating 171,682 square feet. Over 50% of the
square footage included leases signed at 9910 North by Northeast
Boulevard in Fishers, Indiana; an existing tenant recently expanded their
space, and a new tenant, DQE Inc., will be taking occupancy in December.

    In the southwest part of the City of Indianapolis, Meritex signed American
Foam, Fiber & Supplies, Midwest, Inc. for 45,144 square feet at its
Airport Park property. In addition, Meritex announced leasing of 30,538
square feet with the renewal of American Window and the signing of
ITS-Emergency Medical Services at its Park Fletcher IV facility.

    Summit Realty Group was involved in a majority of the transactions led by
Jeremy Woods, CCIM, SIOR, Andrew Morris, SIOR, Ryan Kelly and Matt
McGrady.

    Company Information: Meritex is a private real estate investment and
management company that acquires, develops, owns and operates commercial
real estate, primarily institutional grade, multi-tenant industrial
properties. The Company owns, leases and manages 8.0 million square feet
of commercial real estate in 8 markets in the U.S. Its portfolio consists
of multi-tenant industrial, office and subsurface industrial properties.
The Company's properties are located in Atlanta, Columbus, Denver,
Houston, Indianapolis, Kansas City, Minneapolis-St. Paul, and Warren, OH.
Additional information can be found at the Company's website
www.meritex.com.

    

Contact:
Richard (Ike) Eichhorn
(651) 855-9704

Copyright 2009, Market Wire, All rights reserved.

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