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Meridian Acquires Beaumont Business Center for $18.5 Million
 
Meridian Development Group, in joint venture partnership with Eightfold Real Estate Capital acquired Beaumont Business Center, an 11 building, 252,235 square foot office park for $18.5 million with plans to rebrand and revive the property through a sizable redevelopment program and property management changes. Full Article
 
 
Meridian Premier Center Sells for $14.75 Million
 
Meridian Development Group sold Meridian Premier Center to a local investor for $14.75 million. The transaction follows the firm's $51 million sale of Meridian Distribution Center earlier this month. Full Article
 
 
Meridian Development Sells 907,237 SF Distribution Center in Sarasota for $51M
 
Meridian Development Group has sold Meridian Distribution Center, a 907,237-square-foot warehouse situated on 50 acres in Sarasota. Full Article
 
 
Meridian Sells 907,000 SF Warehouse in Sarasota for $51Million
 
Meridian Development Group sold Meridian Distribution Center to Toronto-based investment firm Agellan Capital Partners, Inc. for $51 million. Full Article
 
 
Meridian Acquires 260,000 SF Warehouse in Raleigh
 
Meridian Development Group acquired a 260,000 SF industrial property in a joint venture with Thackeray Partners. Welsh Property Trust sold the asset for $7.3 million. The warehouse is located at 224 N. Hoover, Durham, NC 27703. Full Article
 
 
Meridian Acquires 90,000 SF Office/Flex Center in Tampa Bay
 
Meridian Development Group announced today the acquisition of Crescent Business Center I and II in Riverview, Florida. Full Article
 
 
One Million sf in Leasing and Sales Activity in Q1 2016 for Meridian
 
Meridian Development Group announced today an active first quarter of 2016 with one million square feet (SF) in lease and sales transactions. Full Article
 
 
Giant Warehouse in North Raleigh Sells for $16 Million
 
Meridian Development Group announced the $11,500,000 sale of Meridian Gateway Center in St. Petersburg. The industrial office/warehouse project is comprised of four buildings totaling 165,000 SF. Full Article
 
 
Meridian Development Group Sells North 540 Distribution Center
 
Meridian Development Group is pleased to announce the sale of North 540 Distribution Center in Raleigh, NC for $16 million. Full Article
 
 
Meridian Announces 66,000 SF Lease Renewal at Meridian Premier Center
 
Meridian Development Group is pleased to announce a 66,000 square foot office lease renewal with Comprehensive Health Management, Inc. at Meridian Premier Center. Full Article
 
Commercial Real Estate Profile: Steven Kossoff
Meridian Development Group, Tampa
 
Some people doubted Steve Kossoff and his then 5-year-old company, Meridian Development Group, could pull off the Winn Dixie challenge in 2006. Full Article
 
 
Phase One of Meridian Business Center Sold
 
Meridian Development Group announced the sale of a 53,000 square foot charter school building in Sarasota, part of Phase One of Meridian Business Center. Full Article
 
 
Meridian Announces $11.5 Million Sale of Meridian Gateway Center
 
Meridian Development Group announced the $11,500,000 sale of Meridian Gateway Center in St. Petersburg. The industrial office/warehouse project is comprised of four buildings totaling 165,000 SF. Full Article
 
 
St. Petersburg Business Park Sold to California Investor
 
Meridian Gateway Center, a 165,000-square-foot business park in St. Petersburg's Gateway area, has been sold for $11.5 million to California-based Avistone Development. Full Article
 
 
Meridian Buys Tampa Office Park for $8.2 Million and Plans Redevelopment
 

An extreme makeover is in the works for an office park in Tampa’s Carrollwood area.

Meridian Development Group, in a joint venture with with Blue Vista Capital Management LLC, has acquired the Premier Corporate Center for $8.2 million in a deal that closed Friday, Meridian managing director Steve Kossoff told theTampa Bay Business Journal. Full Article

 
 
Meridian Welcomes New 60,000 SF Tenant to Its Newest Acquisition
 
Meridian Development Group announced today a new 60,000 SF lease with Ranpak Corporation at North 540 Distribution Center in Raleigh, filling more than half of the available space at the property in less than seven months. Full Article
 
 
Meridian Completes Second Acquisition in Four Months
 
Meridian Development Group's managing director Steven Kossoff sees opportunity where others may see a steep uphill climb, and by all accounts this has paid off for the company as it aggressively expands its asset portfolio. Meridian just announced the acquisition of a second property in four months. Full Article
 
 
Meridian Development Group Redeveloping 41 Industrial Center
 
Clearwater real estate firm Meridian Development Group purchased the 196,636-square-foot, three-building 41 Industrial Center for $5 million. Full Article
 
 
Connector Spurs Industrial Redevelopment
 
The I-4/Selmon Expressway Connector is having an impact in the east Tampa industrial submarket before the first rigs roll on the mile-long toll road. Full Article
 
 
Meridian Development Signs More Than 26,000 SF Following $200,000 Exterior Improvement Program
 
Meridian Development Group announced more than 26,000 square feet (SF) in new leases at Meridian Concourse Center following the completion of an exterior enhancement program. Full Article
 
 
Risk Redux: Developer Steven Kossoff has a knack for turning doubts into demonstrable success. Can he do it during a recession?
 
Steven Kossoff’s $30 million gamble on turning an abandoned Winn-Dixie warehouse in Sarasota into a thriving distribution center took 18 months and lots of aspirin to pay off — and that was mostly during a good economy. Full Article
 
 
It Takes an Outsider
Locals didn't see a market for the empty mammoth warehouse, but Steve Kossoff made it a mega-success.
 

Who could really blame Carl Wise and other Sarasota-based commercial realtors for being skeptical?

On paper, Meridian Development Group’s desire to acquire a 948,000-square-foot former Winn-Dixie distribution warehouse seemed ludicrous. It was destined to be the biggest white elephant in the county, likely to sit empty for years to come. Full Article

 
 
Durham Warehouse Sold for $6.4 Million
 

A 186,000-square-foot warehouse in Durham's Imperial Business Center has been sold for $6.4 million.

Tampa's Meridian Development Group and New York-based Hudson Realty Capital purchased the building at 4400 Emperor Blvd in Durham. They formed a limited-liability corporation, Meridian-HRCF Emperor LLC, to complete the transaction. Full Article

 
 
Organic Growth: Sarasota Center Inks Giant Lease
 

In one of the largest commercial leases signed so far this year, United Natural Foods Inc. is taking up 400,000 square feet at Meridian Distribution Center, a former grocery warehouse near Interstate 75. Full Article

 
 
Bealls Commits to Facility on Clark - Retailer Will Lease Sarasota's Old Winn-Dixie Warehouse
 
Bealls Inc. will occupy 200,000 square feet of distribution space in a former Winn-Dixie warehouse beginning this summer, the Bradenton-based retailer's second major expansion move this year. Full Article
 
 
Lakeland Facility Sells for $10.4 Million
 
A Houston-based real estate investment trust has acquired a piece of Lakeland Interstate Business Park for $10.4 million.Full Article
 
 
Meridian Manager Plans Bigger Deals Following Warehouse Whale
 
Nearly two years after making his first deal in the Tampa Bay area, Steve Kossoff is setting his sights on more commercial real estate transactions -- the bigger, the better. Full Article
 
 
Who's Who in Commercial Real Estate
 
At the start of the current century, Steven Kossoff decided to relocate his real estate investment company to the Bay area from Buffalo, N.Y., in search of better opportunities. That might not have meant bigger, but it looks to have turned out that way. Full Article
 
 
Winn-Dixie Warehouse Sale Breaks Tampa Record
 
Joint-venture partners Meridian Cos. and Hudson Realty Capital L.L.C. closed today on one of the largest properties in the Tampa Bay area in nearly a decade. They acquired a 948,578-square-foot former Winn-Dixie warehouse in Sarasota, Fla., with plans to convert the facility into a multi-tenant space. Full Article
 
 
Meridian Companies Acquires 948,578 Sq. Ft. Former Winn Dixie Warehouse
 
In a landmark acquisition, Meridian Companies and Hudson Realty Capital LLC have acquired the former Winn Dixie warehouse in Sarasota, Florida.  The 948,578 sq. ft. building is the largest sold in the Tampa Bay area in nearly a decade.  Full Article
 
 
 
 
 
 
   

 

 

 

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