{"id":1004345093,"date":"2019-08-09T08:09:40","date_gmt":"2019-08-09T16:09:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004345093"},"modified":"2022-03-04T22:53:04","modified_gmt":"2022-03-05T06:53:04","slug":"meridian-delivers-renovations-at-mob-in-los-angeles","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/","title":{"rendered":"Meridian Delivers Renovations at MOB in Los Angeles"},"content":{"rendered":"<div id=\"attachment_1004345099\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004345099\" data-attachment-id=\"1004345099\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/3531-fashion-way-after\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"3531 Fashion Way\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;3531 Fashion Way &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png?w=800\" loading=\"lazy\" class=\"wp-image-1004345099 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004345099\" class=\"wp-caption-text\">3531 Fashion Way. <em>Image courtesy of Meridian<\/em><\/p><\/div>\n<p>Seven months after <a href=\"https:\/\/www.commercialsearch.com\/news\/meridian-closes-5th-mob-acquisition-in-california\/\">purchasing a medical office building<\/a> at 3531 Fashion Way in Torrance, Calif., Meridian has kept its promise and completed the renovations it announced in December last year. The company worked together with general contractor AGI, TwinSteps Architecture and Kier &amp; Wright Civil Engineers to add a new fa\u00e7ade to the building, new exit and entry ways as well as a new lobby. The total cost of the project was $2.5 million.<\/p>\n<p>The company also announced that it has secured a tenant, a radiology\/imaging company, which will occupy more than half the space. The remaining 12,000 square feet is also fitted for a radiology tenant, as it has two linear accelerator vaults, which means that rooms are encased in lead and concrete walls protecting outside patients from being exposed to x-rays. &nbsp;<\/p>\n<p>Meridian paid Providence Health $7.5 million for the asset in December 2018. The property encompasses 26,000 square feet and is located across the street from Del Amo Fashion Center, one of the largest malls in the country, which recently underwent a $300 million modernization. The asset is also close to two major hospitals, Providence Little Company of Mary Medical Center and Torrance Memorial Medical Center. Completed in 1961, the office building underwent several renovations over the years.&nbsp;<\/p>\n<p>According to Meridian Vice President of Acquisitions R.J. Sommerdyke, medical office fundamentals for Torrance are strong, the market having experienced positive net absorption since 2010. Medical office vacancy has also dropped to single digits. &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project included a new fa\u00e7ade to the building, new exit and entry ways as well as a new lobby. Half the space was leased to a radiology tenant. <\/p>\n","protected":false},"author":30,"featured_media":1004345099,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1594,21754,21742,15],"tags":[36278,33332],"class_list":["post-1004345093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-los-angeles","category-medical-office","category-latest","category-west","tag-medical-office-building","tag-meridian"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Meridian Delivers Renovations at MOB in Los Angeles - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meridian Delivers Renovations at MOB in Los Angeles\" \/>\n<meta property=\"og:description\" content=\"The project included a new fa\u00e7ade to the building, new exit and entry ways as well as a new lobby. Half the space was leased to a radiology tenant.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-09T16:09:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-05T06:53:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/\",\"name\":\"Meridian Delivers Renovations at MOB in Los Angeles - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\",\"datePublished\":\"2019-08-09T16:09:40+00:00\",\"dateModified\":\"2022-03-05T06:53:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png\",\"width\":800,\"height\":620,\"caption\":\"3531 Fashion Way\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Meridian Delivers Renovations at MOB in Los Angeles\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2\",\"name\":\"Roxana Baiceanu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0fdcf1e7033393d084453b57cb2a27c3c0ca06d8a4364cfea26825f22b9eb624?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0fdcf1e7033393d084453b57cb2a27c3c0ca06d8a4364cfea26825f22b9eb624?s=96&d=mm&r=g\",\"caption\":\"Roxana Baiceanu\"},\"description\":\"Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. In the past, she also created content for PropertyShark and Point2Homes\u2019 blog pages. She also has 5 years of experience as a marketing copywriter.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/roxana\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Meridian Delivers Renovations at MOB in Los Angeles - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/","og_locale":"en_US","og_type":"article","og_title":"Meridian Delivers Renovations at MOB in Los Angeles","og_description":"The project included a new fa\u00e7ade to the building, new exit and entry ways as well as a new lobby. Half the space was leased to a radiology tenant.","og_url":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-08-09T16:09:40+00:00","article_modified_time":"2022-03-05T06:53:04+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png","type":"image\/png"}],"author":"Roxana Baiceanu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/","url":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/","name":"Meridian Delivers Renovations at MOB in Los Angeles - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png","datePublished":"2019-08-09T16:09:40+00:00","dateModified":"2022-03-05T06:53:04+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png","width":800,"height":620,"caption":"3531 Fashion Way"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/meridian-delivers-renovations-at-mob-in-los-angeles\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Meridian Delivers Renovations at MOB in Los Angeles"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2","name":"Roxana Baiceanu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0fdcf1e7033393d084453b57cb2a27c3c0ca06d8a4364cfea26825f22b9eb624?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0fdcf1e7033393d084453b57cb2a27c3c0ca06d8a4364cfea26825f22b9eb624?s=96&d=mm&r=g","caption":"Roxana Baiceanu"},"description":"Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. In the past, she also created content for PropertyShark and Point2Homes\u2019 blog pages. She also has 5 years of experience as a marketing copywriter.","url":"https:\/\/www.commercialsearch.com\/news\/author\/roxana\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/3531-Fashion-Way-after.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004345093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004345093"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004345093\/revisions"}],"predecessor-version":[{"id":1004567485,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004345093\/revisions\/1004567485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004345099"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004345093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004345093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004345093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}