Blog Archives

Meridian Development Grp Sells Sarasota Distribution Center

Meridian Development Group sold the Meridian Distribution Center at 6100 McIntosh Rd. in Sarasota, FL for $ 52.5 million, or about $ 58 per square foot, to Agellan Commercial REIT. The 907,237-square-foot distribution facility was constructed in 1982 and renovated in 1993. At the time of the sale the asset was 100 percent occupied by […]

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Meridian Development Acquires Crescent Business Center

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 […]

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GEICO Leases 14,000 SF in Meridian Three

Geico Insurance leased 14,030 square feet at 4200 W. Cypress St. in Tampa, FL. The 10-story, 240,000-square-foot Meridian Three office building was constructed in 1989 in the Westshore submarket. Lisa Coulter of Highwoods Properties, Inc. represented the landlord in-house. David Green and Lee Winter of JLL represented the tenant. Tampa/St. Petersburg Commercial Real Estate News […]

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Comprehensive Health Mgmt. Renews Lease at Meridian Premier Center

Comprehensive Health Management Inc. (CHM) has renewed its lease for 66,000 square feet at the Meridian Premier Center at 3900-3960 Premier North Dr. in Tampa, FL. A provider of administrative services for health maintenance organizations, CHM will continue its occupancy at the 103,521-square-foot office center, currently 96 percent leased. The three-building office campus was built […]

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