Firm sells office building in Rohnert Park, Calif., that it acquired and repurposed
By John B. Mugford
Meridian, which focuses on acquiring and revamping value-add medical office purchases in Northern California, recently sold this two-story, 69,000 square foot building in Rohnert Park, 50 miles north of San Francisco, for $21.5 million. (Photo courtesy of Meridian)
It looks as if the value-add purchase that San Ramon, Calif.-based Meridian made in March 2014 has paid off – after the company used plenty of foresight and made upgrades to the facility.
The firm, a subsidiary of Marcus & Millichap, recently sold the 69,000 square foot medical office building (MOB) in Rohnert Park, Calif., about 50 miles north of San Francisco, that it purchased and found a major tenant for.
Meridian acquired the building for $8.1 million and recently sold it to
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