Rare Hospitality buys Toys'R'Us for future LongHorn Steakhouse

  • By Business Observer Staff
  • | 10:27 a.m. February 14, 2014
  • Commercial Real Estate
  • Share

BUYER: Rare Hospitality Management Inc. (principals: William White III, Joseph Kern and Colleen Hunter), Orlando
SELLER: Tru 2005 RE I LLC
PROPERTY: 1381 Tamiami Trail, Port Charlotte
PRICE: $3.5 million
PREVIOUS PRICE: $2.71 million, January 1990

 

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