Basin Street Properties, a prominent real estate investment, development, and management firm, is pleased to announce Meritage Medical Network has signed a 18,490 square foot lease at South Petaluma Business Center and is moving its current business location in Novato to Petaluma, effective January 1, 2023.
“We are really looking forward to our new location in the center of the North Bay,” said Wojtek Nowak, CEO at Meritage Medical Network. “Our team currently works across a combination of remote, hybrid and in-office arrangements. The new, more contemporary offices will provide the flexibility, collaborative and private spaces, and onsite amenities we need to better serve our customers, connect our team members, and give us room to grow as we expand our business.”
Meritage is a network of over 2,000 physicians and ancillary providers in six counties of the North Bay and Central Valley regions, administering care for over 100,000 patients under managed care and value-based contracts. Meritage Medical Network has over 40 years of history serving physicians and their patients and has consistently been recognized as “Elite” by the American Physician Groups’ (APG) 2022 Standards of Excellence program since 2010. Meritage is also a 5-time winner of the North Bay Business Journal’s Best Places to Work award.
Meritage is the only North Bay Area network where doctors are making the decisions about healthcare. Meritage is made up of expert medical and administrative staff dedicated to ensuring that patients receive the highest quality health care available in Marin, Sonoma, Napa, Solano, Fresno, and Madera Counties. The Meritage organization is deeply committed to maintaining a strong local presence in the communities they serve. For more information about Meritage, please visit www.meritagemed.com.
“Meritage’s new offices reflect the demand for versatile, high-quality spaces,” said Scott Stranzl, Chief Portfolio Officer at Basin Street Properties. “Companies need flexibility as they accommodate a variety of hybrid work arrangements and they need welcoming, amenity rich spaces to bring their teams back to the office. They don’t want to lose effective remote workers, but they recognize the benefits of face-to-face connectivity and collaboration.”
“Meritage Medical Network is an excellent addition to South Petaluma Business Center and the Petaluma community,” said Basin Street’s Stranzl. “They provide valuable health services to the region and excellent job opportunities. Meritage’s growth plans require flexible quality space, and I’m pleased we were able to accommodate them. We look forward to working with them for many years to come.”
South Petaluma Business Center consists of two two-story Class A office buildings totaling 149,735 square feet. The property is adjacent to Shollenberger Park and has easy access to Highway 101 and Highway 116. Tenants enjoy striking views of the rolling hillsides, wetlands, and the Petaluma River.
Glen Dowling and Jordan Lazor of JLL represented Meritage Medical Network. Brian Foster, Steven Leonard and Trevor Buck of Cushman and Wakefield represented Basin Street Properties.
ABOUT BASIN STREET PROPERTIES:
Basin Street Properties, established in Petaluma in 1974, is one of Northern California’s and Northern Nevada’s most prominent developers, investors and managers of commercial properties. The company owns and manages over 5 million square feet of Class A office space. Basin Street is widely recognized for its office, retail, hospitality, multi-family and mixed-use developments. The company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information, visit basin-street.com.