Meridian Development Acquires Crescent Business Center
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Meridian Development Group acquired Crescent Business Center I & II for $ 5.1 million in a joint venture with Ravinia Capital Group. Comprised of two single-story garden office/flex buildings on 10 acres in Riverview in the East Tampa submarket, the 89,440-square-foot center was 66% vacant at the time of the sale. Steven Kossoff, Meridian Development Group’s managing director said the substantial residential growth in the surrounding areas is a…
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