Meritex to Develop Two Industrial Buildings Totaling 288,000 SF in Roseville, Minnesota

by Kristin Harlow

ROSEVILLE, MINN. — Meritex is developing two 144,000-square-foot industrial buildings in Roseville, 10 miles northeast of St. Paul. Highcrest II and III will replace the former 360,000-square-foot Minnesota Technology Exchange building upon its demolition this month. The property is located at 2470 Highcrest Road. Meritex developed the building currently on the site in 1964, and owned and managed the property for four decades. The company sold the building in 2004, and then repurchased the asset in 2016. Completion of Highcrest II and III is slated for fall 2018. David Stokes, Todd Hanson, Jason Sell, Chris Weirens and Ian Thompson of Cushman & Wakefield will market the property for lease.

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