Merritt Properties announced July 3 that it signed 12 leases at Imeson Landing Business Park, its first ground-up development in Jacksonville.
It said in a news release that more than in 121,000 square feet of flex/light industrial space has been leased in three buildings, representing 88% of the North Jacksonville park and leading to the second phase of construction.
“Customers are leasing spaces from 2,800 to 29,000 square feet,” said Pat Franklin of Merritt’s leasing team.
“From food packaging and transportation services to government contracting and wholesale distribution, a wide range of users will call Imeson Landing Business Park the new home for their business,” he said in the release.
The site is at Zoo Parkway and Imeson Park Boulevard, with access to Interstate 95 and Interstate 295.
Merritt Properties said the second phase will focus on development of the 68,400-square-foot Building 400 and the 60,000-square-foot Building 500. They are expected to be completed by December.
“Buildings 400 and 500 will serve businesses of all sizes and sectors, and we look forward to assisting more customers with their warehousing and office needs as we reach full occupancy,” said Gary Swatko, director of development and construction at Merritt Properties, in the release.
Tenants include CLogic Defense, an 11,685-square-foot tenant and woman-owned small business that designs and develops military products and systems.
Other tenants include American EV, Dorado Graphix, Evans Marketing Group, EX Anchor Puller, Freedom Forever, Krebs Brothers, Loomis, New Image Global, Phenix Specialty Films, Tote Maritime and VSS Logistics.
“The park continues to see a strong level of leasing interest,” Franklin said.
In March 2023, Merritt bought 16 acres to expand Imeson Landing Business Park and add three flex/light industrial buildings totaling 114,500 square feet along Zoo Parkway.
When complete, the entire Imeson Landing Business Park will feature eight properties.
Merritt also bought 16 acres for the speculative development of Oakleaf Commerce Center, a 142,900-square-foot light industrial business park in Clay County.
The park will feature three buildings ranging from 32,250 to 59,400 square feet and a pad site for future development.
Merritt also owns and manages Magnolia Park, a three-building, 80,863-square-foot flex/light industrial park in Duval County.
Franklin along with Ross Crabtree and Luke Pope of JLL are assisting with leasing efforts at Imeson Landing Business Park.
ARCO Design/Build is the contractor and has been working with Merritt’s land development and construction division since the project broke ground in March 2022.