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Under the terms of that deal, Golden Gate sold the real estate for 500 Red Lobster locations to American Realty Capital for $1.5 billion and then leased them back.
Green & Company Real Estate holds a purchase and sale agreement on the 9-13 Water St. property where the 350-seat restaurant, Chrissy D. Lobster Company and a duplex residence are located.
Ohio is not on TAGeX Brands list of restaurant closings. Red Lobster operates 38 restaurants in 33 Ohio cities, according to its website, and each location in the state is listed as "open."
Based on Toronto Real Estate Board's sales statistics, Right at Home Realty was the #1 performing Residential Real Estate Brokerage in the Greater Toronto Area for 10 year*. [1] Right at Home has ten offices across Ontario in Don Mills, Mississauga, Richmond Hill, Whitby, Vaughan, Burlington, Newmarket, Barrie, and Ottawa with over 6,000 Realtors.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
The sale/leaseback that helped sink Red Lobster involved the July 2014 sale of premium real estate underneath 500 of its stores, which generated $1.5 billion.
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