Meridian sells Concourse Center property in Clearwater

Tampa investor's portfolio now contains 13 area buildings

  • By Kevin McQuaid
  • | 6:00 a.m. January 17, 2020
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Meridian Development Group acquired the four-building Concourse Center in Clearwater in 2006 for $17 million and sold in 2019 for a collective $21.4 million.
COURTESY PHOTO — Meridian Development Group acquired the four-building Concourse Center in Clearwater in 2006 for $17 million and sold in 2019 for a collective $21.4 million.
  • Commercial Real Estate
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Meridian Development Corp., of Tampa, has sold the balance of its Meridian Concourse Center project to a Boston-based investment firm for $15.4 million.

The Clearwater deal for three buildings marks Albany Road Real Estate Partners’ first area acquisition.

 

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