California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Meridian Acquires Laguna Hills MOB
Register for Connect Healthcare on November 8th at the Andaz Scottsdale Resort & Spa
San Ramon, CA-based Meridian purchased The Laguna, a 57,057-square-foot medical office building in Laguna Hills, CA. Located at 24022 Calle de la Plata on a .75-acre parcel, the building is on the campus of and adjacent to Saddleback Memorial Hospital.
Meridian’s John Pollock says, “This acquisition presented us with a rare opportunity to purchase a medical office asset located on-campus to one of the premier hospitals in Orange County.”
The five-story medical office building is slated to receive $24 million in renovations to fully modernize the building that was built in 1983. At the time of sale, The Laguna was 74% occupied.
Colliers International’s John Wadsworth and Aaron Phillips represented the unnamed private seller, while the buyer was self-represented.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


