1930

Leroy Merritt Born in Depression-era Dundalk, Maryland

Born in 1930, Leroy is raised in a blue collar area dominated by the local steel mill and shipyard. As a young boy working in his parents’ restaurant during the Depression, Leroy learns early the importance of pitching in, working hard and taking care of your customers. With a strong work ethic and aspirations beyond a job in the steel mill, Leroy earns a Senatorial Scholarship to attend Western Maryland College where his entrepreneurial spirit leads him to his first business venture—selling hotdogs and sandwiches in the dorms at night after the cafeteria closed. During summers home from college, he is given his start in construction, working for his uncles who had established a masonry business after returning from World War II.

1953

Leroy Merritt Begins Building Houses

After graduating from college and serving the two-year teaching commitment required by his scholarship, Leroy begins building houses, often on spec. He builds more than 60 homes in 10 years.

1967

Leroy Merritt Partners with Ed St. John

In search of an honest builder with whom to partner on apartment buildings, Ed St. John is pointed to Leroy. The two agree to work together. However, instead of apartment buildings, they decide to take advantage of the burgeoning demand for rental warehouse space, a revolutionary concept at the time. They complete their first building—16,000 square feet at 2900 Stafford Street—in southwest Baltimore City, which begins a four-year collaboration between the two men.

1971

Leroy and Ed Divide the Company

After four years, Leroy and Ed recognize that they each have their own unique philosophy on business and agree to split the company. Rather than employing a cast of lawyers and accountants, Ed divides the properties into two groups, and Leroy chooses. They move forward separately, each building successful commercial real estate companies and remaining life-long, friendly competitors. After the split, Leroy moves his company into its first offices on Brighton Avenue.

1972

Scott Dorsey joins the company

Scott Dorsey, Leroy’s cousin, joins Leroy’s new company after having spent 5 summers with his father’s concrete company pouring floors for Ed and Leroy’s warehouses. For years, Leroy and Scott share a “desk” made from a door set atop filing cabinets. This allows Scott to learn first-hand Leroy’s approach to business and gift for building long-lasting relationships with customers and vendors alike.

1972

First mansard roof installed at Aylesbury Business Center

Wishing to make his simple brick warehouses look a little nicer for his customers, Leroy decides to add a mansard roof to two buildings at Aylesbury Business Center. He is surprised to receive a call from the county, expressing concern that the roof may not meet code requirements. While meeting with county officials to review the mansard, a senior official suggests to Leroy that the issue can easily be resolved with a $5,000 contribution to the county executive’s re-election campaign. Leroy refuses and spends over $13,000 fighting the county. He prevails and to this day, the mansard roof is a signature design element on Merritt buildings.The mansard also becomes a symbol to Merritt employees, reminding them of Leroy’s mantra to do what’s right, not what is expedient.

1977

Merritt’s mansard logo is born

As a recognizable feature on Merritt buildings and a symbol of Leroy’s basic business principles, the mansard roof is incorporated into the company’s logo.

1977

Leroy opens his first athletic facility, the Towson Court Club

At the forefront of the racquetball craze, Merritt is approached to lease space for courts in Towson, MD. Unfortunately, once the space is completed, Leroy learns that the investors have backed out of the deal. Recognizing a new opportunity, Leroy takes over the business and opens the first Merritt racquetball facility, the Towson Court Club.

1978

Merritt Enters the Computer Age

Always interested in new technologies and the efficiencies they bring, Merritt adds the IBM System 32 to the office.

1979

Annapolis Club Opens

The Towson Court Club is a success. As the racquetball craze continues, Merritt decides to open another court club. The Annapolis Club opens. Merritt decides to capitalize on the social aspect of racquetball and adds a full-service bar to the club for members. It’s a hit.

1980

Merritt moves corporate offices to Security Boulevard and opens Security Club

Merritt opens its third court club. The Security Club is the site of many national racquetball championship matches. Some of these matches are televised.

1986

Merritt builds its first multi-story office building in Timonium

Wanting to bring a first-class office building to customers in the suburbs, Merritt builds Timonium I & II with high-end finishes and building amenities expected in a downtown office.

1986

Clubs evolve from racquetball to full-service clubs

As the racquetball craze begins to wane, the clubs take advantage of new fitness trends and shift to full-service Athletic Clubs.

1987

Merritt’s first historic renovation at 729 E. Pratt Street

Dating back to the late 1800s, this iconic waterfront building originally served as home to the Scarlett Seed Company. Merritt transformed the building, combining unique office and retail spaces that integrate contemporary design with the historical architecture and industrial character of the original building.

1989

Robb Merritt joins the company

After graduating college, Robb Merritt joins his father’s company, learning the business from the ground up as Leroy had. He begins his career on the field construction crew.

1989

Downtown Athletic Club Opens

Merritt takes over the Downtown Athletic Club. This historic building was a former train repair station in the early 1900s. Members can still see the arches of the building where trains were brought in for repair.  The building has the only wooden roof truss system in the state.

1990

Merritt completes its first retail project, Columbia Marketplace

1990

Merritt begins its first office park, Columbia Corporate Park

Situated in the heart of the burgeoning Columbia business district, Merritt begins construction on an 18-acre park that will ultimately include five class A office buildings and retail.

1992

Recession hits the commercial real estate industry

With the collapse of the real estate market in the early 90s, Merritt’s 25th anniversary coincides with lean times. “Survive ‘til ’95” becomes the rallying cry. Even the company’s Christmas party consists only of a deli tray and beer, served in a vacant warehouse. While certainly not extravagant, the party is a celebration of the comraderie forged from facing adversity, and it becomes one of Robb Merritt’s favorite memories.

1997

Merritt partners with Rothschild Realty

With a rebounding economy, Scott Dorsey and Robb Merritt travel to New York to seek equity that will allow the company to take advantage of greater development opportunities. What begins as an 8-year investment from Rothschild Realty, grows into a long-term partnership that continues today.

1998

Merritt holds its first corporate retreat

Working with a facilitator, the Merritt team codifies its core values and tagline, “Creating Homes for Businesses.”

1999

Merritt opens Virginia Office

Seeing another opportunity in the growing market of Loudoun County, Merritt begins expanding beyond Maryland into Northern Virginia. Opening the Virginia office at Ashbrook.

2000

A new role for Leroy

Leroy steps away from day-to-day operations, dubbing himself the CFO, Chief Fun Officer. Scott and Robb take over leadership.

2000

Business is booming

Merritt kicks off the new millenium with a building boom, completing 16 new properties with more than 1 million square feet in the year 2000 alone.

2000

Eldersburg and Fort Avenue clubs open

Merritt realizes the increased competition of health clubs in Maryland and decides to start branching off into the family marketing. They start construction on their first family-oriented Club in Eldersburg. The 75,000 square foot facility features a day care, children’s dance studio and two indoor pools. The revitalization of some areas in Baltimore City also makes the Federal Hill area very desirable. Merritt opens another location on Fort Avenue in Locust Point that same year.

2001

Owings Mills Club opens

2002

Leroy receives the NAIOP Lifetime Achievement Award

2003

A hometown company. A hometown team.

Merritt becomes an official sponsor of the Baltimore Ravens.

2003

Canton and Cranbrook clubs open

2003

Merritt’s Fort Avenue club moves to The Foundry

Merritt moves the Fort Ave location from a shopping center to The Foundry, a building owned by Merritt Properties. The club membership has grown so much more space is needed.

2010

Leroy Merritt passes away

The loss of Leroy’s legendary warmth and humor is tremendous, but his ethics and approach to business continue to steer the company forward.

2013

Merritt wins Business Philanthropy Award for charitable and volunteer work

2014

Scott receives the NAIOP Lifetime Achievement Award

2014

White Marsh Club opens

The White Marsh area is shown to be a popular family market with little competition for Clubs. Merritt Properties buys a parcel of land and Merritt Construction builds the White Marsh location. The 55,000 square foot facility features an outdoor pool, large kids center and indoor cardio movie theater.

2014

Merritt completes 7th LEED building

Merritt notches its seventh LEED-certified building, leading the way in Maryland.

2015

Canton Club expands

Major expansion of Canton Club planned alongside development in region.

2017

50 years of service

Merritt marks 50 years of service with a year of surprises and celebrations honoring our employees, partners and customers.

2017

A new brand for Merritt's family of companies

2018

Scott Dorsey Honored by Baltimore Business Journal and Daily Record

It's a banner year for Merritt's CEO Scott Dorsey, who is named among the Baltimore Business Journal's Power 10 and The Daily Record's Influential Marylanders.

2018

Merritt Properties secures $400 million capital investment from Almanac Realty Investors

Merritt Properties and Almanac Realty Investors (formerly Rothschild Realty) renew their long-standing relationship, which originated as an eight-year partnership in 1997.

2018

Merritt Stretches Virginia Footprint Along I-95

Merritt expands into Stafford County, VA, acquiring 15 acres along I-95 for Merritt Business Park at Quantico Corporate Center. When complete, the project will include two single-story light industrial buildings totaling 162,200 square feet.

2020

Merritt Expands to North Carolina

Merritt Properties expands into North Carolina with the acquisition of 51 acres in Durham for the development of a new light industrial business park, Merritt TW Crossing. This announcement marks the beginning of our regional growth, as we continue to acquire land for additional light industrial parks in Wake Forest, Knightdale, Chapel Hill, Cary, Raleigh, and Garner.

2021

New Opportunities to Build in Maryland

With limited developable land available in Maryland, Merritt is able to acquire two parcels for major light industrial redevelopment projects. A former Quest Diagnostics headquarters office in Arbutus will become two single-story light industrial buildings totaling 111,300 SF while a former General Motors plant in White Marsh will be transformed into a nine-building light industrial park totaling 750,000 SF.

2021

Merritt Acquires 28 Acres in Stafford, VA

Merritt continues to invest in Stafford County, VA, acquiring 28 acres for Austin Ridge Business Park, to consist of five single-story light industrial buildings along I-95.

2021

Merritt TW Crossing Completion

Merritt celebrates the grand opening of Merritt TW Crossing, its first development in North Carolina. Over the course of 18 months, Merritt constructed this 284,240-square-foot light industrial business park, which consists of four buildings and leased up quickly. This project also marks the establishment of Merritt's first regional office. Merritt TW Crossing garnered significant recognition, including being named the “Top Flex/Warehouse Development” by the Triangle Business Journal.

2021

Merritt Expands to Florida

As Merritt Properties continues to seek new development markets, the company lands in Jacksonville, Florida, with the purchase of a 25-acre tract for the development of Imeson Landing Business Park and the acquisition of Magnolia Park, an existing three-building light industrial portfolio. At the time, Robb Merritt shared, “These acquisitions allow us to expand into a strong market while responding to demand for single-story, light industrial product.”

2022

Merritt Enters Richmond Market

Merritt secures its first property in the Richmond market with the purchase of Crescent Business Center, consisting of five existing shallow-bay light industrial buildings. The parcel includes additional 19 acres for new development where Merritt intends to construct four additional Class A light industrial buildings.

2023

Imeson Landing Business Park Phase I Delivers

Merritt celebrates the completion of Phase 1 construction at Imeson Landing Business Park in Jacksonville, opening its first three buildings at the park. The following month, we announced the acquisition of 16 more acres for the future development of 114,500 square feet of space. This expansion will bring the total development to over 380,000 square feet across eight buildings.