Friday, December 12, 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

Business Real Estate Press Releases

RESO 2026 BoD captioned - All

2026 RESO Board of Directors Announced

Nine open seats on the Real Estate Standards Organization (RESO) 2026 Board of Directors have been filled after an election by RESO’s membership. Director appointments and the board’s Executive Committee have also been selected for the next year.

Recent Gov & Nonprofit Real Estate Press Releases

Stephen Straz’s Tips for Custom Residential Construction

Stephen Straz’s Tips for Custom Residential Construction

As Stephen Straz highlights, building a custom home offers unparalleled freedom in design, layout, and function. Unlike traditional houses that follow a set blueprint, custom homes allow