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Meredith Enterprises merrily invests in and manages commercial real estate, with a focus on properties in the west, southeast, and Hawaii. Properties include office, industrial, and retail space; Meredith Enterprises has a portfolio of properties containing around 500,000 sq. ft. of leasable space; most of its holdings are in California, but the real estate investment trust (REIT) also has holdings in suburban Atlanta, Georgia, and Kona, Hawaii. Chairman and CEO Allen Meredith owns 100% of the REIT, which he took private in 2005.