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Wednesday, March 20, 2013

Riverside Chase Bank Branch Sells for $5M

A private investor purchased the bank branch building at 10355 Magnolia Ave. in Riverside, CA for $5 million, or about $812 per square foot, from Remarc Management, Inc. Built in 1987, the retail property totals 6,160 square feet on 0.21 acres, part of the Michael's Plaza shopping center located at the northwest corner of Magnolia Ave. and Tyler St., across from the Galleria at Tyler Mall. The branch is fully leased to Chase Bank on a triple...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Riverside-Chase-Bank-Branch-Sells-for-$5M/146778?ref=/News/Article/Riverside-Chase-Bank-Branch-Sells-for-$5M/146778&src=rss

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