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Joe's Crab Shack in Newport Beach Sells for $8M

Investor Acquires Restaurant at Auction
By Brian Kremer
February 2, 2010 | 8:15 P.M.

A private buyer purchased the Joe's Crab Shack location at 2607 W. Coast Highway in Newport Beach, CA, from PEMGroup for $8.03 million, or about $1,600 per square foot.

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