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The Meritex Co. and AEW Capital Management have formed a partnership to acquire a 14-property industrial portfolio in Phoenix and Charlotte. The portfolio is valued at $106.7 million and totals 931,398 square feet.

The portfolio locations all have access to primary transportation arteries. Additionally, the partnership will continue the acquisition and select-development program Meritex has been successfully implementing for decades, acquiring core and core-plus, infill, multi-tenant industrial assets in high-growth markets.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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