Meridian ends 2016 in disposition mode

Meridian Development Group likely had a busier December than most, because it sold a pair of major Gulf Coast commercial properties for a combined $67.25 million.

Early in the month, the Tampa-based company sold a former Winn-Dixie distribution center in Sarasota to a Canadian real estate investment trust, and then followed it two weeks later with the sale of a Tampa office park for $14.75 million.

Meridian had owned Meridian Premier Center since paying $8.2 million for the three-building complex in August 2014.