IN THE NEWS

2017

June 1, 2017

theregistrysf.com
publisher9

Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center in Pasadena, CA

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. CEO John Pollock, categorizes the new partnership as “a strategic move forward.” He continues, “Having completed the extensive renovation of Cotton Medical Center, we now want to focus on providing our tenants and the community best-in-class management services.” Meridian purchased Cotton Medical Center in January 2016 for $37.5 million.

January 3, 2017

theregistrysf.com
publisher8

Meridian Buys 105,000 SF Office Building in San Mateo County for $29MM

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.

2016

November 30, 2016

globest.com
Natalie Dolce

With Healthcare Consolidation Comes?

There is a growing need for newer, larger and more modern spaces as the older facilities no longer work in a larger group format, says Meridian's John Pollock in this EXCLUSIVE article in preparation for the upcoming RealShare Healthcare event.

November 15, 2016

Monaghan Communications
Anne Monaghan

Meridian Receives 2016 HREI Insights Awards Nomination for Two Medical Office Building Projects

Meridian, a full service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, that two of its projects have been selected as finalists in the 2016 HREI Insights Awards competition in the “Best New Medical Office Buildings Under 25,000 Square Feet” and “Best Renovated or Repurposed Healthcare Facility” categories.

November 15, 2016

Monaghan Communications
Anne Monaghan

Meridian Expands Construction Division with Addition of Christine Velasquez as Project Manager

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. Velasque, a well-respected senior-level real estate professional...

November 9, 2016

Monaghan Communications
Anne Monaghan

Meridian Sells Dialysis Clinic in Palmdale, Calif. for $6.97 Million, 5.0% Cap Rate

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.

October 31, 2016

theregistrysf.com
publisher8

Healthcare Landlord Leasing Specialist Michelle Lagos Joins Meridian as Senior Asset Manager

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.

October 4, 2016

globest.com
Lisa Brown

Providers Demand Accessible and Visible Locations

The healthcare customer today demands more convenient locations that are adjacent to familiar retail or within normally traveled patterns. This is in contrast to the healthcare sites of old, located in isolated business parks or in standalone buildings...

September 14, 2016

theregistrysf.com
publisher8

Senior Healthcare Executive Indrajit Obeysekere Joins Meridian as Vice President of Client Services

Meridian, a full service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that senior healthcare executive Indrajit Obeysekere has been hired as vice president of client services.

September 1, 2016

theregistrysf.com
publisher8

Meridian Sells 74,000 SF Multi-Tenant Office Building in Pleasanton, CA for $15.5MM

Meridian is pleased to announce that it has closed escrow on the sale of its 74,000-square-foot multi-tenant office building located in Alameda County at 5776 Stoneridge Mall Road in Pleasanton, Calif.

May 23, 2016

Bisnow.com
Aswin Mannepalli

Meridian's Mike Conn On The Adaptive Reuse Revolution

A big part of the future is in adapting or converting non-medical buildings, such as offices and retail space, into medical facilities, says Meridian VP of construction and development Mike Conn.

May 19, 2016

GlobeSt.com
Lisa Brown

Reality Tilts Focus to Suburban General Office

Industry veteran Dan Rosenbaum has been hired as senior vice president of Meridian, a developer and owner of medical real estate. He will spearhead the development of the company’s new division focused on the acquisition of suburban general office value-add opportunities.

January 28, 2016

Pasadena Now
Staff Reports

Meridian Buys Medical Office Building in Pasadena for $37.5 Million

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of Cotton Medical Center, a 115,000-square-foot medical office complex in Pasadena, California. The sale price was $37.5 million. This purchase represents the largest building acquisition for Meridian and Meridian’s eighth medical office building transaction in the last 12 months.

January 11, 2016

National Real Estate Investor
Robert Carr

Demand for Medical Office Assets May Hit Plateau in 2016

Health care real estate, particularly medical office properties, promises to continue to post strong occupancy stats in 2016. However, there’s still enough volatility in the sector stemming from the Affordable Care Act aftermath, changes in technology and hospital consolidation to keep growth and transactions to a minimum, according to industry executives.

January 4, 2016

globest.com
Carrie Rossenfeld

Will Future MOBs Be Call Centers?

The rise of one-on-one conferencing with doctors via phone, online or video on either may make data centers a significant sub-sector of healthcare real estate, John Pollock, COO of Meridian, a full service real estate developer and owner of medical real estate throughout California, tells GlobeSt.com.

2015

December 4, 2015

theregistrysf.com
publisher8

Meridian Receives National Award For Excellence in Healthcare Real Estate

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that the firm’s 69,000-square-foot medical office building located at 5900 State Farm Drive in Rohnert Park, Calif. has received the prestigious 2015 HREI Insights Award in the category of “Best Renovated or Repurposed Healthcare Facility.”

December 2, 2015

bisnow.com
Allison Nagel

Meridian Sheds Third Dialysis Clinic This Year

Meridian has sold an 8,700 SF dialysis clinic in Fairfield for $5.15M (at a cap rate of 5.5%), marking the third clinic the company has sold this year. All three are occupied by DaVita Healthcare Partners, a kidney care services provider, and were purchased by private investors. The three sales totaled $17.5M.

November 17, 2015

theregistrysf.com
publisher8

Meridian Receives HREI Insights Awards Nomination for Two Medical Office Building Projects

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that two of its projects have been selected as finalists in the 2015 HREI Insights Awards in the “Best New Medical Office Buildings under 25,000 square feet.” and “Best Renovated or Repurposed Healthcare Facility" categories.

November 6, 2015

bisnow.com
Allison Nagel

Why Meridian Property Remains Bullish on Medical Office

Meridian Property Co has sold a 69k SF Rohnert Park medical office building for $21.5M to a private investor based out of San Mateo. And Meridian COO John Pollock tells us the property at 5900 State Farm Dr is a prime example of the kind of value-add medical office properties that Meridian continues to search for and execute its strategy on.

November 3, 2015

rentv.com
Allen Wolfsheimer

Sonoma County Medical Office Building Brings Over $21 Mil

Nazareth Enterprises Inc, a San Mateo-based private investor, has purchased a 69k sf, medical office building in Sonoma County for $21.5 mil ($312/sf). The building, located at 5900 State Farm Dr, east of the 101 Fwy and north of Rohnert Park Expy in Rohnert Park, was sold by Meridian.

November 3, 2015

Western Real Estate Business
John Pollock

Top 5 Trends Driving Healthcare Real Estate Development

Thanks to technology and the Affordable Care Act, the healthcare industry has entered a new period that won't just affect providers and patients, but real estate developoers as well.

November 11, 2015

theregistrysf.com
publisher8

Meridian Acquires 19,202 SF Medical Office Building in Oakland, 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 purchase of a 19,202-square-foot medical office building located in Alameda County at 380 W. MacArthur Boulevard in Oakland, California. Meridian purchased the property from BIC Oakland, LLC of Kentfield, California, in an off-market transaction.

August 11, 2015

The North Bay Business Journal
Staff Report

Rohnert Park Medical Center Opens

Petaluma Health Center on Aug. 12 plans to open a sizable Rohnert Park medical center, responding to demand for care in southern Sonoma County.

April 8, 2015

Town Crier Staff Report
Los Altos Town Crier Staff

Construction boom: MV projects add housing, hotel space

Drive down either side of El Camino Real in Mountain View and you’ll find new construction seemingly everywhere. Courtesy of the city of Mountain View’s Community Development Department, following is the latest update on development projects in the so-called El Camino Real Change Area.

March 31, 2015

Napa Valley Register
Jennifer Huffman

Developer eyes Soscol for restaurant, medical offices

Two Soscol Avenue parcels at the corner of Shetler Avenue are the proposed future home of a drive-through restaurant and a medical office building.

February 26, 2015

Monaghan Communications
Anne Monaghan

Meridian Acquires 16,000 SF Medical Office Building in Berkeley, California

SAN RAMON, CA — Meridian Property Company, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of a 15,915-square-foot medical office building located in Alameda County at 2920 Telegraph Avenue in Berkeley, California.

February 2, 2015

GlobeSt.com
Natalie Dolce

74,000-SF Buy Means Adjusted Rent Opportunity

SAN RAMON, CA - Locally based Meridian Property Co. has closed escrow on the purchase of the Atrium, a 74,000-square-foot professional office building located in Alameda County at 5776 Stoneridge Mall Road in Pleasanton, CA. Meridian purchased the property from Los Angeles-based Downtown Properties in an off-market transaction..

January 5, 2015

Monaghan Communications
Anne Monaghan

Meridian Sells Last Units in 64,000 SF Medical Business Complex in Bakersfield, Calif.

SAN RAMON, CA — Meridian Property Company, a full service real estate developer and owner of medical and retail real estate, recently closed escrow on the sale of its last two remaining units at Meridian Professional Center in Bakersfield, Calif., a 63,776-square-foot, 11-building medical/office complex situated in Kern County developed and owned by Meridian.

2014

December 1, 2014

Monaghan Communications
Anne Monaghan

Meridian Announced as Finalist in 2014 HREI Insights Awards™

SAN RAMON, CA — Meridian, a full service real estate developer and owner of medical real estate, is a finalist in the 2014 HREI Insights Awards™ in the “Best Renovated or Repurposed Healthcare Facility” category.

June 6, 2014

Mountain View Voice
Daniel DeBolt

Goodbye, Big Burger Freeze

It's not without a bit of irony that the growing number of people with a disease caused by poor diet and sedentary living has finally spurred the redevelopment of a long-abandoned fast food eatery.

May 5, 2014

Monaghan Communications
Anne Monaghan

Meridian Property Company Welcomes Newest Tenant, Petaluma Health Center in Rohnert Park, Calif.

SAN RAMON, CA — Meridian Property Company, a full service real estate developer and owner of medical and retail real estate, is pleased to welcome its newest tenant, Petaluma Health Center, to the medical office building in Rohnert Park, Calif., located at 5900 State Farm Drive.

March 11, 2014

Monaghan Communications
Anne Monaghan

Meridian Property Company Acquires 69,000 SF Medical Office Building in Rohnert Park, California

SAN RAMON, CA — Meridian Property Company, a full service real estate developer and owner of medical and retail real estate, is pleased to announce that it has closed escrow on the purchase of a 69,000-square-foot medical office building in Sonoma County at 5900 State Farm Drive in Rohnert Park, Calif. Built in 1973 on 4.79 acres, the building...

2013

November 26, 2013

Monaghan Communications
Anne Monaghan

Meridian Property Company Nearing Completion on Four Medical Centers in California

SAN RAMON, CA — Meridian Property Company, 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.