Meridian to invest $100M in New Mexico medical office building

Real-estate developer Meridian has purchased 18 acres in Santa Fe, N.M., to construct a 95,000-square-foot medical office building, according to an April 5 report from REbusiness Online. 

Advertisement
By: Claire Wallace

The multispecialty building will also include a comprehensive cancer center. Meridian’s investment is expected to exceed $100 million, according to the report. 

This is Meridian’s first project in Santa Fe, and it is expected to complete in July 2024. 

Pharmacy Outlook 2026 report: Where does your pharmacy stand?

Recommended Whitepaper

Advertisement

Next Up in New ASC Development

  • 5 of the biggest hospital mergers in 2025

    Becker’s reported on 39 hospital mergers and acquisitions in 2025, ranging from rural hospital partnerships to massive, multi-state system expansions. …

    By: Francesca Mathewes

  • Another Maine physician practice closes

    Brewer, Maine-based Northern Light Health will close its primary care practice in Castine on Feb. 27, citing staffing challenges, declining…

    By: Patsy Newitt

  • The new economics of ASC M&A

    The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

    By: Francesca Mathewes
Advertisement

Comments are closed.