Monday, November 17, 2025

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Meridian Purchases 29,000 SF Parcel in Downtown Long Beach, CA to Build MOB

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of three existing buildings on five parcels totaling 29,000 square feet of land located in Downtown Long Beach at 1078-1090 Atlantic Boulevard. Meridian paid $2.45 million for the property, which is located across the street from Dignity Health’s St. Mary’s Medical Center, a 389-bed, Level II Trauma Center. Meridian plans to spend approximately $3.1 million on the development of a new, single-story 9,200-square-foot ambulatory, out-patient clinic

Recent Gov & Nonprofit Real Estate Press Releases

ULI

ULI Announces Winners for 2025 Jack Kemp, Terwilliger Center Innovation Awards

The Urban Land Institute’s (ULI) Terwilliger Center for Housing announced two winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award and three winners for