/
|
Merritt Properties has begun work on Crescent Business Center’s expansion in Ashland, Va. The developer will add 240,000 square feet of light industrial space to the park, bringing the property to more than 500,000 square feet.
The development will come online in two phases, each delivering two facilities. The first stage is set for completion this summer. One of the buildings is already 90 percent preleased to Agiliti, a medical equipment company, and CB Flooring.
Upon completion, the four facilities will feature 20- to 24-foot clear heights, as well as a total of 52 dock doors and four drive-in doors. Truck court depths will range between 108 and 180 feet.