14-Property Industrial Portfolio Trades Hands
The Meritex Co. and AEW Capital Management form a partnership to acquire the portfolio in Phoenix and Charlotte.
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.
The JLL Capital Markets team representing Meritex was led by Capital Markets Americas CEO Mark Gibson, senior managing director Trey Morsbach, managing director Adam Herrin, director Stephen Bailey and senior managing director Jeremy Womack.