Merritt Properties completed the acquisition Merritt at Gate Parkway.

Merritt Properties, a commercial real estate company, completed the acquisition Merritt at Gate Parkway, a five-building industrial park located at 5022 Gate Parkway in Jacksonville. Financial terms were not disclosed. "With its prime location, we are thrilled to expand our light industrial presence in Jacksonville with the acquisition of Merritt at Gate Parkway, which underscores our ongoing commitment to providing quality industrial spaces in key markets. We are dedicated to enhancing the park's infrastructure to ensure that both current and future tenants benefit from a premier industrial environment," Pat Franklin, Merritt Properties Asset Manager.