Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real estate investment firm based in San Diego, California. Meridian paid nearly $5 million for the 40 percent leased building located near Banner Health University Medical Center’s Phoenix Campus and Phoenix Children’s Hospital. The acquisition of Grunow Memorial Medical Center represents Meridian’s first major transaction outside of California
The Muller Company, a full-service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the firm’s Taj Mahal Medical Center in Laguna Hills, California, has won the Building Owners and Managers Association (BOMA) Pacific Southwest Regional TOBY (The Outstanding Building of the Year) Award for Medical Office Building. The Taj Mahal Medical Center will now advance to the international level, where the Taj Mahal Medical Center will be judged against medical office buildings around the world. The project first won the BOMA Orange County TOBY Award.
LAGUNA HILLS, CA - May 3, 2011 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the leasing team at the Taj Mahal Medical Center located in Laguna Hills, Calif. has signed its first medical lease since the start of construction and the official rebranding of the project in March, 2011