X0708 D LIVE 0002158481 Merus Industrial Fund III LP 302 W. 3RD STREET SUITE 300 CINCINNATI OH OHIO 45202 513-271-6400 DELAWARE None None Limited Partnership true 2026 N/A Merus LLC 302 W. 3rd Street Suite 300 Cincinnati OH OHIO 45202 Promoter Sponsor of the Issuer N/A Merus Fund III GP LLC 302 W. 3rd Street Suite 300 Cincinnati OH OHIO 45202 Promoter General Partner of the Issuer Molly North 302 W. 3rd Street Suite 300 Cincinnati OH OHIO 45202 Executive Officer CEO of the Sponsor of the Issuer Stephanie Gaither 302 W. 3rd Street Suite 300 Cincinnati OH OHIO 45202 Executive Officer EVP & COO, Real Estate of the Sponsor of the Issuer Lesley Koth 302 W. 3rd Street Suite 300 Cincinnati OH OHIO 45202 Executive Officer SVP, General Counsel of the Sponsor of the Issuer Other Real Estate Decline to Disclose 06b 3C 3C.5 false 2026-09-29 false true false 500000 250000000 17950000 232050000 Regarding Item 11, the Issuer may accept smaller investments in the Issuer's sole discretion. false 13 0 0 1000000 Item 16 is an estimate of Organizational and Offering Expenses that may accrue to one or more Related Persons. false Merus Industrial Fund III LP /s/Lesley Koth Lesley Koth SVP, General Counsel of the Sponsor of the Issuer 2026-10-06