Meridian arranges loan for retail/office building.Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. Capital Group recently arranged $5,000,000 in financing for the Sailhouse Lofts retail and office space at 212 Marine Street, Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , CA. Seth K. Grossman of Meridian's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office negotiated to secure a rate of 5.975% over a ten-year, interest-only term. The 10,400 s/f building with an attached parking garage is located one block off the ocean and some tenants include ColdStone Creamery creamery: see dairying. , a travel agency, and an art gallery. Located above the Class A ground floor retail/office space are 19 residential condos. Meridian's client recently constructed the entire project from the ground up. They then sold all the residential condo units and held on to the commercial ground floor condo because of its excellent location for retail/office space. |
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