Merritt Offers Flex-Industrial Space at 20700 Loudoun County Parkway

Speculative flex-industrial building more than half full two months prior to completion

Guest post by Merritt Properties

Merritt Properties has leased 40,353 square feet of their new 72,900-square-foot flex industrial building that is currently under construction in Ashburn, Virginia. This will bring 20700 Loudoun County Parkway to nearly 55 percent leased prior to its completion.

Located at the intersection of Loudoun County Parkway and Marblehead Drive, across from One Loudoun, the building features 20-foot clear ceiling heights with typical bay sizes of 2,700 and 3,300 square feet. The first three tenants include Fidelity Mechanical Services, Saab Defense and Security USA, LLC and Crown Trophy of Ashburn, confirming that the building’s design and location appeal to a wide variety of industries and companies.

Merritt moved forward with constructing the speculative building due to a recent surge of data center demand and a lack of Class-A light industrial inventory in Loudoun County. The business-friendly mindset of Loudoun County has given Merritt confidence that the county will continue to be supportive of its building endeavors as well as the future of their tenants. Merritt expects the project to be fully completed in May.

“Loudoun County continues to prove that its intent to be a business-friendly community is sincere,” said Merritt Properties CEO Scott Dorsey. “Their effort to build the county’s economy has assisted with attracting new and expanding businesses to the area, and with our building nearly complete, we are excited to have Fidelity, Saab and Crown Trophy of Ashburn on board as new customers. We are looking forward to watching them grow with us and within the county over the next several years.”

*Loudoun Economic Development has invited commercial real estate developers to submit information of interest to Loudoun businesses. Loudoun reserves the right to edit or decline to publish submitted material.