American Realty Capital Properties buys six Gulf Coast Red Lobster restaurants

BUYER: ARCP RL OG Port Charlotte FL LLC (American Realty Capital Properties Inc.), Phoenix, Ariz.
SELLER: Florida SE Inc.
PROPERTY: 1331 and 1341 Tamiami Trail, Port Charlotte
PRICE: $10.12 million
PREVIOUS PRICE: $1.74 million, October 1989

BUYER: ARCP RL Portfolio VII LLC,
PROPERTY: 2604 W. Brandon Blvd., Brandon
PRICE: $5.89 million
PREVIOUS PRICE: $560,000, July 1986

BUYER: ARCP RL Portfolio VII LLC,
PROPERTY: 11601 N. Dale Mabry Highway, Tampa
PRICE: $4.51 million
PREVIOUS PRICE: 350,000, July 1981