(Save the Date: RealShareOrange County 2012 comes to the Hyatt Regency,Irvine, August 16.)
IRVINE, CA-GlobeSt.com has exclusively learned thatFaris Lee Investments has completed the sales of10 properties occupied by Ruby Tuesday restaurantsfor a total of $22 million. We also learned that the properties areall located in strong locations, include new, NNN absolute 15-yearlease terms and annual rent increases, and were sold atrecord-breaking cap rates.
Six properties were sold for $12.8 million to a private investorfrom Southern California. The properties included: a4,645-square-foot location at 110 Pooler Pkwy. in Pooler, GA; a5,655-square-foot location at 1410 Old Springdale Rd. in Rock Hill,SC; a 4,658-square-foot property at 7400 Northside Dr. in NorthCharleston, SC; a 4,959-square-foot property at 210 NC Highway 54in Durham, NC; a 5,097-square-foot property at 145 CommonwealthAve. in Wytheville, VA; and a 5,084-square-foot location at 111Burgess Rd. in Harrisonburg, VA.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
