Meridian Property Company Nearing Completion on Four Medical Centers in California

November 25, 2013

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SAN RAMON, CA – November 25, 2013 – (RealEstateRama) — <a title="This external link will open in a new window" href="http://www.mpcca.com/" target="_blank">Meridian Property Company</a>, a full service real estate developer and owner of medical and retail real estate, is pleased to announce that it is nearing completion on four state-of-the-art outpatient clinics in California totaling over 40,000 square feet and valued at over $15.2 million. Ranging in size from 8,200 to 12,000 square feet, the four properties are a mix of new construction and the renovation and adaptive reuse of existing commercial space.<span id="more-2796"></span></p> <table width="100%" cellpadding="0" cellspacing="7" border="0"> <tr bgcolor="#FFFFF1"> <td width="51%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/US-National/Meridian+Property+Company.html" target="_blank" rel="nofollow"><font color="#3300FF">Meridian Property Company in National News</font></a></h5> </td> <td width="49%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/Social/Meridian+Property+Company.html" target="_blank" rel="nofollow"><font color="#D50000">Meridian Property Company in Social Media</font></a></h5> </td> </tr> </table> <p>These outpatient clinics will allow the providers to deliver care in locations that are near their patients, and will offer a wide range of much needed services. Three of the properties are located in Northern California: on Healthcare Way in Modesto; North Texas Street in Fairfield; and Rossmoor Parkway in Walnut Creek. The fourth property is located in Southern California on South Towne Avenue in Pomona. Each of these locations has or will be turned over to the tenant for tenant improvements within 21 weeks; this compressed construction schedule allows the provider to get these services to the market quickly. The clinics in Fairfield, Modesto and Pomona are expected to open in April 2014; and Walnut Creek is slated for a July 2014 opening.</p> <p>Meridian Chief Operating Officer John Pollock explains that the company’s investment strategy for medical space is a combination of acquiring geographically desirable land near patients or buying existing buildings and upgrading to meet the changing medical paradigm. “The overall building design and/or improvements have been specifically designed to provide critically needed treatments for the patients in these communities where these services are in desperate need. In addition, the construction or reuse of these buildings provides an important and valuable service for the surrounding community,” said Pollock.</p> <p>Meridian recently completed three medical buildings totaling more than 26,000 square feet and Meridian will soon commence construction on several other outpatient facilities located throughout California after the first of the year.</p> <p><strong><br /> About Meridian</strong></p> <p>A division of Marcus & Millichap Company, San Ramon, Calif. based Meridian Property Company is a full-service real estate developer having completed over one million square feet of innovative and integrated commercial office, primarily medical, since its inception in 2000. Meridian’s services are broad in scope but meticulous in detail — from site evaluation and land acquisition to entitlement and planning to construction and management. Meridian is a HREI Insights Awards™ 2013 Finalist in the category of Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet). For more information, see <a title="This external link will open in a new window" href="http://www.mpcca.com" target="_blank">mpcca.com</a>.</p> <table width="100%" cellpadding="0" cellspacing="27" border="0"> <tr bgcolor="#FFFFF1"> <td width="100%" align="left"> <h5><a href="https://www.facebook.com/RealEstateRama/posts/647106198675049" target="_blank"><font color="#3300FF">Use Facebook to Comment on this Post</font></a></h5> </td> </tr> </table> <p>+</p>  <script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script><div class="td-g-rec td-g-rec-id-content_bottom"> <script type="text/javascript"> var td_screen_width = document.body.clientWidth; if ( td_screen_width >= 1024 ) { /* large monitors */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width >= 768 && td_screen_width < 1024 ) { /* portrait tablets */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); 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Meridian’s services are broad in scope, but meticulous in detail — from site evaluation and land acquisition to entitlement and planning to construction and management. Meridian has offices in Phoenix, Dallas, Northern California, Southern California and Seattle.</div><div class="td-author-social"><span class="td-social-icon-wrap"><a target="_blank" href="https://www.linkedin.com/company-beta/2491876/" title="Linkedin"><i class="td-icon-font td-icon-linkedin"></i></a></span><span class="td-social-icon-wrap"><a target="_blank" href="http://mpcca.com/contact" title="Mail"><i class="td-icon-font td-icon-mail-1"></i></a></span><span class="td-social-icon-wrap"><a target="_blank" href="https://twitter.com/mpcca" title="Twitter"><i class="td-icon-font td-icon-twitter"></i></a></span></div><div class="clearfix"></div></div></div> <span style="display: none;" itemprop="author" itemscope itemtype="https://schema.org/Person"><meta itemprop="name" content="Meridian"></span><meta itemprop="datePublished" content="2013-11-25T08:32:24+00:00"><meta itemprop="dateModified" content="2016-03-10T11:18:40-07:00"><meta itemscope itemprop="mainEntityOfPage" 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title="Napolitano’s Statement on Trump Administration’s Attack on Clean Water">Napolitano’s Statement on Trump Administration’s Attack on Clean Water</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/california">California RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-05T00:04:12+00:00" >July 5, 2019</time></div> </div> <div class="td-excerpt"> Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/flood-protection-and-water-storage-ID09937.html" rel="bookmark" title="Flood Protection and Water Storage">Flood Protection and Water Storage</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-04T03:31:39+00:00" >July 4, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/senators-include-legal-protections-for-military-families-in-privatized-housing-in-defense-bill-ID09930.html" rel="bookmark" title="Senators: Include Legal Protections for Military Families in Privatized Housing in Defense Bill">Senators: Include Legal Protections for Military Families in Privatized Housing in...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:24:14+00:00" >April 1, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/mccarthy-introduces-legislation-to-repurpose-high-speed-rail-funding-to-water-infrastructure-projects-ID09929.html" rel="bookmark" title="McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure Projects">McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/congressman-kevin-mccarthy">Congressman Kevin McCarthy</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:20:36+00:00" >April 1, 2019</time></div> </div> </div> </div> </div> </div></div> <aside class="widget widget_archive"><div class="block-title"><span>Government & Nonprofit Press Release Archive</span></div> 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