Merus

About Merus

Merus is a real estate operator headquartered in Cincinnati, OH. Merus operates in Cincinnati, Ohio, Dayton, Ohio and Indianapolis, Indiana. Its investment focus is on Affordable Housing, Hospitality and Industrial.

Merus LLC, formerly known as Al. Neyer, is a 100% employee-owned real estate development and design-build enterprise headquartered in Cincinnati, Ohio. Founded in 1894, the organization maintains 132 years of continuous operational history. The enterprise functions through an integrated platform supported by approximately 180 employee-owners across regional offices in Cincinnati, Nashville, Pittsburgh, and Raleigh. The enterprise specializes in site acquisition, architectural design, design-build construction, and investment management. Operating a vertically integrated delivery platform, the firm manages master planning, municipal approvals, capital syndication, and construction across Class A industrial distribution hubs, multi-family residential communities, mixed-use complexes, medical office spaces, and traditional corporate offices. Geographically, the organization concentrates its development activities across growth submarkets in the Midwest and Southeast regions. Managing an active asset portfolio totaling $1.3 billion, its platform has developed over 24.6 million square feet of space since 2015, featuring major projects like the 1.4 million-square-foot Runway Logistics Center and Buck Creek Commerce Center.

Principals at Merus

Recent activity at Merus

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Merus's project portfolio

3 projects on file · Mixed-Use (2), Multifamily (1)

Markets and themes

Markets Merus operates in

• Cincinnati, Ohio
• Dayton, Ohio
• Indianapolis, Indiana
• Nashville, Tennessee
• Pittsburgh, Pennsylvania
• Raleigh-Durham, North Carolina (Research Triangle Park - RTP)

Investment themes at Merus

• Affordable Housing
• Hospitality
• Industrial
• Logistics
• Medical Office & Healthcare
• Multifamily - Ground-up
• Placemaking
• Senior Housing
• Suburban Office
• Urban Office

Capabilities

• Luxury
• Mixed Use
• Technology-forward
• Urban infill

Operators similar to Merus

• Neyer Properties
  Established tierCincinnati, OhioIndianapolis, Indiana+1 more marketIndustrialLogistics+7 more themes
• Oppidan Investment Company
  Established tierCincinnati, OhioRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+2 more marketsSenior HousingMedical Office & Healthcare+5 more themes
• Buligo Capital
  Established tierNashville, TennesseeCincinnati, Ohio+1 more marketMultifamily - Ground-upIndustrial+6 more themes
• Endeavor Real Estate Group
  Established tierNashville, TennesseeSenior HousingSuburban Office+7 more themes
• The Daimler Group
  Established tierDayton, OhioMultifamily - Ground-upIndustrial+7 more themes
• Saunders Construction
  Established tierSenior HousingIndustrial+8 more themes
• ABS Partners
  Established tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)Pittsburgh, PennsylvaniaUrban OfficeMedical Office & Healthcare+5 more themes
• ORR Partners
  Established tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)Senior HousingIndustrial+6 more themes
• Turnbridge Equities
  Established tierNashville, TennesseeRaleigh-Durham, North Carolina (Research Triangle Park - RTP)IndustrialLogistics+5 more themes
• NTS Development Company
  Established tierNashville, TennesseeIndianapolis, IndianaIndustrialLogistics+5 more themes

Frequently asked questions about Merus

What does Merus do?

Merus LLC, formerly known as Al.

Where is Merus based?

Merus is headquartered in Cincinnati, OH.

What markets does Merus operate in?

Merus is active in Cincinnati, Ohio, Dayton, Ohio, Indianapolis, Indiana, Nashville, Tennessee, Pittsburgh, Pennsylvania, and Raleigh-Durham, North Carolina (Research Triangle Park - RTP).

How many employees does Merus have?

Merus has 51–200 employees.