Meridian Acquires 100%-Vacant, 53,500-SF Building for $20.35 Million in Orange County for MOB Conversion
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3601 West Sunflower (Source: Meridian) 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 in building improvements.