Meiberlee International, Inc. purchased the retail building at 1575 University Ave. in Riverside, CA for $2.8 million, or about $108 per square foot, from a private trust. The sale marks the seller's downleg in a 1031 exchange. The former Callaway Motorsports property totals 26,000 square feet on 4.3 acres at the northwest of University and Cranford Avenues in Riverside County. Finn Comer and Michael Wolfe of Lee & Associates represented...
via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Riverside-Retail-Sells-for-$28M/149065?ref=/News/Article/Riverside-Retail-Sells-for-$28M/149065&src=rss
via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Riverside-Retail-Sells-for-$28M/149065?ref=/News/Article/Riverside-Retail-Sells-for-$28M/149065&src=rss
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