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Investment Firm Buys Infill Development Site in Riverside

4.3 Acres Slated for Multifamily/Retail Redevelopment Sold for $6.2 Million
The lot is currently improved with a freestanding retail building in Riverside County. (CoStar)
The lot is currently improved with a freestanding retail building in Riverside County. (CoStar)
By Joe Scheitlin
May 11, 2022 | 3:57 P.M.

Cohen Gidi Investments purchased the 4.28-acre redevelopment site at 1575 University Ave. in Riverside, California, for $6.15 million from Meiberlee International.

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