Meridian Properties
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Meridian Acquires Half-Occupied Medical Office Property in Rohnert Park, CA
Northern California’s medical office market continues its appeal as full service real estate developer and owner in the medical office segment, Meridian Property Company, recently announced that it had closed escrow on a property in Rohnert Park, CA. The property offers great opportunity in terms of a new leasing agreement, as a large amount of space was recently vacated at the site. The new owner will look to bring in a new tenant, following a number of improvements that Meridian already has planned for the property. The asset was sold for an undisclosed amount by a partnership between Petaluma-based PB&J Acquisitions, and an institutional investor who acquired the property back in 2012.
San Francisco 24 March 2014 05:15 -
Medical Development and Investment Growing Profile in San Francisco Bay Area
As 2013 draws to a close, developers and investors are scrambling to get their ventures going before the end of Q4, increased activity is seen in most sectors of the real estate market. The San Francisco Bay Area has seen an escalation in the health care sector with Meridian Property Co. announcing the development of four medical clinics in California, three of which are located near San Francisco. The three facilities are going to be built in Fairfield, Walnut Creek and Modesto, with the fourth one taking shape in Pomona, in the L.A. metro area.
San Francisco 05 December 2013 00:16
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