On screen: Southlake company purchases 11 cinema buildingsOn screen: Southlake company purchases 11 cinema buildingshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=5702015-06-30T11:47:00Z2015-06-29T00:00:00Z

DALLAS-FORT WORTH - A Southlake-based real estate firm — United Development Co. — has purchased almost a dozen cinema buildings in eight states.

The $40 million transaction includes movie theaters in Grand Prairie, Dallas and Fort Worth.

The 109-screen cinema portfolio is located in Texas, New York, New Jersey, Mississippi, Louisiana, North Carolina, Oklahoma and Colorado.

One of the buildings, the UA Grand Prairie 10 cinema, will close next year and be redeveloped into a shopping center.

tag: Dallas NewsTalk, Dallas Market Research

Dallas Morning News
Dallas-Fort Worth-Arlington
http://bizbeatblog.dallasnews.com/2015/06/southlake-company-buys-11-cinemas-in-eight-states.html/Read more at {Source}

 Search NewsTalk Texas