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Ruth's Chris Steakhouse Trades for $5.7M

Sovereign Sells 12,275-SF Restaurant in Palm Desert
By Susan Tysma
January 22, 2009 | 6:36 P.M.

Sovereign Investment Co. sold the Ruth's Chris Steakhouse at 74740 Highway 111 in Palm Desert, CA, to private investors for $5.7 million, or about $465 per square foot.

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