Meridian

Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed ground-up construction of a 10,000-square-foot single-tenant medical office building located in Alameda County at 20359 Lake Chabot Road in Castro Valley, California. The building is situated on the main arterial road leading to Sutter Health’s Eden Medical Center Campus, one block from the hospital, in the valley’s medical corridor.

Cotton Medical Center, Meridian’s 115,000-square-foot, two-building medical office complex located at 50 Alessandro Place and 50 Bellefontaine Street in Pasadena, California, won the award for “Best Renovated or Repurposed Healthcare Facility.” Located in Los Angeles County, this renovation was Meridian’s first ambulatory out-patient value-add medical office acquisition in Southern California.

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management of Rancho Santa Margarita, Calif., to manage Meridian’s 115,000-square-foot medical office complex in Pasadena, California. More...

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities, expands its construction division with the addition of David Kreske, a well-respected construction professional with a successful track record of over 25 years in construction management. In his new role as Vice President of Construction, Kreske will lead the construction project management team as the team drives the pre-development and construction phases of Meridian’s new ground-up development and value-add redevelopment general and medical office projects in the western U.S

Meridian, a full-service real estate developer and owner of general and medical office real estate, is pleased to announce that it has completed the repositioning of a 12,500-square-foot single-tenant office building located in Santa Clara County at 2626 Hanover Street in Palo Alto, Calif. The building is located in the Stanford Research Park.

Meridian, a full-service office property developer in California, is pleased to announce the purchase of 1000 Marina, a six-story 105,000-square-foot office building in San Mateo County, Calif. The seller was TA Associates, a private equity firm based in Boston, Massachusetts. Meridian paid just under $29 million for the 90%-leased building located in the Sierra Point Submarket in the city of Brisbane.

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that R.J. Sommerdyke has joined the company’s acquisition team in Southern California. Sommerdyke will play a key role in expanding Meridian’s platform of acquiring value-add healthcare properties throughout Southern California.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 13,750-square-foot dialysis clinic in Palmdale, Calif. The purchase price was $6.97 million, representing a cap rate of 5.0%. This is the second dialysis clinic that Meridian has sold this year. Earlier this year, Meridian sold a similar clinic in San Rafael, Calif.

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, expands its construction project management division with the addition of Christine L. Velasquez, a well-respected senior-level real estate professional with a successful track record of over 15 years in business and community development, commercial real estate and project management in the Silicon Valley.

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that healthcare leasing specialist Michelle Lagos was hired as the senior asset manager and will play an active role in the management of Meridian’s Southern California portfolio

With more than 150,000 SF currently in development/redevelopment and another 500,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California