Meritex has begun redevelopment of Parkers Lake, a recently acquired 474,669-square-foot infill industrial portfolio in Plymouth, Minnesota.
The company will invest significant capital into the project to modernize and enhance the buildings to attract local, regional and international companies to the park.
The first phase of the redevelopment will focus on adding modern amenities similar to today’s industrial construction design standards. It will include new storefront entrances and facades, ballasted EPDM roof systems, 32-foot clear heights, LED lighting with motion sensors, clerestory windows, ESFR sprinkler systems, new concrete truck courts, two drive-in doors, additional parking, new landscaping and trailer parking.
Construction is scheduled to be completed by early 2022.
