Dr. Rene Salhab Acquires Retail Property On Magnolia Avenue In Riverside For $1.7M

The retail property located at 9204 Magnolia Avenue in Riverside has been sold in a recent transaction. The property spans 6,387 square feet and was sold for a price of $1,717,100, making the price per square foot $269.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,717,100
• Square Footage: 6,387
• Address: 9204 Magnolia Avenue, Riverside

Dr. Rene Salhab was the buyer in this transaction, while Bank of America acted as the seller. Sam Kangavari from NAI Capital represented the buyer as their agent, and Phil Lyons, Chad Iafrate, and Nash Johnson, affiliated with Cushman & Wakefield, represented the seller in this deal.