Meridian acquiring Arizona medical complex with surgery center

San Ramon, Calif.-based Meridian reached a deal to acquire a 188,000-square-foot medical complex in Arizona with a hospital, medical office building and surgery center, reported Jan. 14.

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.

More articles on surgery centers:
Ohio health system acquires surgery center for $21M
2 Texas health systems suspend surgeries, others don't
Stryker's ASC-focused business: 3 things to know

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers