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News Release: Meridian Purchases 53,500-SF Building in Orange County, Calif., for $20.35 Million for MOB Conversion

News Release: Meridian Purchases 53,500-SF Building in Orange County, Calif., for $20.35 Million for MOB Conversion

NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 53,500-square-foot, two-story medical office building in Santa Ana, California. The purchase price was $20.35 million and Meridian plans to invest an additional $5 million […]

Feature Story: HRE gains steam as possible downturn nears

Feature Story: HRE gains steam as possible downturn nears

Healthcare real estate executives tout the property type during InterFace panel By John B. Mugford Professionals involved in owning, developing, leasing or financing medical office buildings (MOBs) often point to the Great Recession as an instigator for new investors to become interested in the property type. To be sure, the healthcare real estate (HRE) space […]