Meridian Properties
-
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
You May Also Like
-
Take Advantage of Early-Bird Rates: The 2019 Commercial Property Executive Distinguished Achievement Awards
Don't miss this opportunity to showcase your company's projects and talent.
13 February 2019 20:29 -
Farinon Business Park Continues Expansion
Worth & Associates kicked off construction on the third phase of Farinon Business Park. The two-story office building will encompass nearly 85,000 square feet of rentable space.
19 December 2018 09:11 -
New York City’s Health System Lands $758M Lease
The largest public health care system in the nation signed a 25-year lease for more than 500,000 square feet of office space in the Financial District.
07 January 2019 18:15 -
Executive Spotlight: Hessam Nadji, Marcus & Millichap
The president & CEO of one of the industry’s largest investment brokerage companies says a conservative upcycle and new sources of demand mean commercial real estate has lowered its typical cyclical risks and has room for growth.
19 November 2018 18:59 -
6 Tips for Choosing the Right HVAC System
To understand the true cost of an HVAC system, one must consider not only the initial purchase and installation cost of the equipment, but a number of other factors unique to each individual project.
29 August 2018 14:26