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At Meritex, we've been putting properties and people together for over 100 years. Founded in 1916 by the grandson of Irish immigrants, our mission has remained unchanged: to help businesses pursue their American Dream. Today, we're a 106-year-old, family-owned company with a focus on light industrial properties, committed to providing exceptional spaces and service.

Our History

Our journey dates back to 1916, when our company was founded on the principles of hard work, integrity, and a commitment to building enduring relationships. Over the years, we've adapted and evolved to meet the changing needs of our tenants and investors. Through it all, we've remained true to our core values: a passion for helping businesses succeed, a commitment to exceptional service, and a dedication to building long-term value for our investors.

Our Approach

We're not just a real estate company; we're a partner to our tenants and investors. We understand that each business is unique, with its own strengths and challenges. That's why we take a tailored approach to property management, finance, and investment. Whether you're a small startup or a established enterprise, we're here to provide the support you need to achieve your goals.

Our Team

Meet the individuals who make our company tick. Our leadership team is comprised of experienced professionals with a deep understanding of the commercial real estate industry. With combined experience in excess of 250 years, our team has the expertise and knowledge to help you achieve your goals.

  • Tom Hotovec, Chief Executive Officer: As our CEO, Tom oversees the development and implementation of our strategy. With over 25 years of experience in the industry, Tom has a deep understanding of what it takes to succeed.
  • Ray Kivett, Chief Investment Officer: With over 30 years of investment experience, Ray is responsible for shaping our investment strategy and ensuring the long-term value of our portfolio.
  • Arvid Povilaitis, Chief Operating Officer: As our COO, Arvid is responsible for the day-to-day operations of our company. With over 30 years of experience in the industry, Arvid has a deep understanding of the commercial real estate market.
  • Mark Spotts, Chief Financial Officer: With over 17 years of experience in accounting and finance, Mark is responsible for the financial management of our company.
  • Susan MacHolda, Chief Human Resources Officer: With over 35 years of experience in human resources, Susan is responsible for the development and implementation of our HR strategies.
  • Keith Baker, Executive Vice President and General Counsel: With over 37 years of real estate and business law experience, Keith provides legal counsel and oversees the company's legal affairs.
  • Meritex governing board: Our board of directors includes a distinguished group of individuals with a deep understanding of the commercial real estate industry. Our board members include professionals from the world of finance, law, and real estate, ensuring that our company remains committed to the highest standards of governance and accountability.

Our Mission

At Meritex, our mission is simple: to help businesses succeed by providing exceptional properties and service. We believe that by doing so, we can build long-term value for our investors and create opportunities for growth and development. Whether you're a startup or an established enterprise, we're here to help you achieve your goals.

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