RUBY TUESDAY SELLS FOR $2.3M

by admin

JACKSONVILLE, FLA. — A 5,612-square-foot Ruby Tuesday, located at 1022 Hospitality Ln. in Jacksonville, has been sold for $2.3 million. Matt Mousavi and Rich Walter of Faris Lee Investments' Irvine, Calif., office represented the seller, Tennessee-based Ruby Tuesday, Inc., in the transaction and procured the buyer, New Jersey-based Schiff Enterprises. The sale-leaseback transaction included a new 15-year, triple-net lease for the property.

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