Meritex Announces 2009 Leasing Activity in Indianapolis

INDIANAPOLIS, IN--(Marketwire - October 29, 2009) - Meritex announced today that during 2009 it has signed leases in the Indianapolis market aggregating 171,682 square feet. Over 50% of the square footage included leases signed at 9910 North by Northeast Boulevard in Fishers, Indiana; an existing tenant recently expanded their space, and a new tenant, DQE Inc., will be taking occupancy in December.

In the southwest part of the City of Indianapolis, Meritex signed American Foam, Fiber & Supplies, Midwest, Inc. for 45,144 square feet at its Airport Park property. In addition, Meritex announced leasing of 30,538 square feet with the renewal of American Window and the signing of ITS-Emergency Medical Services at its Park Fletcher IV facility.

Summit Realty Group was involved in a majority of the transactions led by Jeremy Woods, CCIM, SIOR, Andrew Morris, SIOR, Ryan Kelly and Matt McGrady.

Company Information: Meritex is a private real estate investment and management company that acquires, develops, owns and operates commercial real estate, primarily institutional grade, multi-tenant industrial properties. The Company owns, leases and manages 8.0 million square feet of commercial real estate in 8 markets in the U.S. Its portfolio consists of multi-tenant industrial, office and subsurface industrial properties. The Company's properties are located in Atlanta, Columbus, Denver, Houston, Indianapolis, Kansas City, Minneapolis-St. Paul, and Warren, OH. Additional information can be found at the Company's website www.meritex.com.

Contact Information: Contact: Richard (Ike) Eichhorn (651) 855-9704