Prime rib and prime real estate: South Florida group buys Phoenix steakhouse
The restaurant property that is home to Donovan’s Steak & Chop restaurant in one of Phoenix’s prime commercial corridors has sold for $6.5 million Delray Beach-based Menin Development bought the steak house property from Prime Land Assets LLC, a Phoenix group. Menin also owns a former Sports Authority store site at Camelback Road and 16th…