FOR IMMEDIATE RELEASE Press Contact: Wendy Dube Phone: 760-415-4994 Email: [email protected] For the 6th Time, Meridian Pacific Properties Earns Place on Inc. 5000, Ranks No. 2113 in 2023 Three-year Revenue Growth of 265 Percent Propels Meridian to No. 4 in the Memphis MSA and No. 45 in Tennessee MEMPHIS, Aug. 15, 2023 – Meridian Pacific Properties, Inc. (Meridian), a premier land developer, builder, and seller of single-family residences and townhomes in the Memphis Metropolitan Area, today announced it ranks No. 2113 on Inc.’s 2023 list of America’s fastest-growing private companies. With three-year revenue growth of 265 percent, Meridian jumps over 1,700 spots from 2022 and now ranks 4th among companies in the Memphis MSA and 45th in Tennessee. This is Meridian’s 6th appearance on the prestigious list. “Over the past several years, Meridian has seen unprecedented demand from both traditional homebuyers and investors looking to leverage historically low interest rates to purchase Class A assets in Memphis because of the region’s robust economy and return on capital,” says Jeff King, co-founder and principal of Meridian. “During the period under review, we faced a fractured supply chain, labor shortages, and inflation; yet we rallied to maintain the quality of our
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