The company plans to make several property improvements and renovations to El Dorado Medical Plaza in Tucson.
Sheila Schmidt-Turkington, Meridian’s vice president of real estate development, said: “El Dorado Medical Plaza was attractive to us for a variety of reasons. In addition to being in a location that we were eager to gain a footprint in, existing relationships with Tucson Medical Center and the behavioral health provider made the property very appealing.”
Meridian purchased the complex with an unnamed institutional investor.
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