Thursday, June 26, 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

Congresswoman Maxine Waters Joins Watts Empowerment Center at Imperial Courts Groundbreaking

On January 21, 2025, Congresswoman Maxine Waters (CA-43), Ranking Member of the Financial Services Committee, joined the Watts Empowerment Center for the groundbreaking of the Watts Empowerment Film and Music Studio at Imperial Courts public housing development in Watts.