Commercial Real Estate – Santa Cruz
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Meridian Buys 1.15 Acres in Santa Cruz County, Plans $10MM Total Investment

Meridian, a full-service real estate developer and owner of medical real estate, has announce that the firm has closed escrow on the purchase of two parcels of vacant land totaling 1.15 acres in Watsonville, California, with the intent to develop an 11,424-square-foot outpatient ambulatory clinic.

The planned investment including land is estimated to total approximately $10 million for the ground-up development project. Construction is expected to commence in April with completion slated for January 2021.

The land is located at 58 Hanger Way and 5 Neilson Street directly adjacent to the Watsonville Community Hospital and the Watsonville Hospital ER. 

Source: http://www.digitaljournal.com/pr/4579156

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Seabright Brewery has sold and the new owners are Jason McKay and Keiki McKay of Cantine Winepub in Aptos. Charlie Meehan and Keith Cranmer have owned the brewery for more than 30 years and will continue to stay on through the transition of ownership. ... See MoreSee Less

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