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Olive Garden Restaurant Sells for $2.5 Million

Wasabi House Opening in Beachwood in Spring 2009
By Salama Karim-Camara
October 22, 2008 | 6:18 P.M.

Wasabi House LLC purchased the 8,336-square-foot Olive Garden Restaurant at 3725 Orange Place in Beachwood, OH, from GMRI Inc. for $2.45 million, or approximately $293 per square foot. The Olive Garden will leaseback the space until spring 2009. Wasabi Steak House restaurant is expected to open once Olive Garden relocates to another building at the corner of Harvard and Richmond Road.

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