The three-year-old Veterans 24 theater is one of the bestperforming theatres in the Tampa market, according to AMC. Thetenant is American Multi-Cinema Inc. (AMC), a subsidiary of AMCEntertainment Inc. AMC will operate the theater under a long-termlease. The six-year-old Southwind 12 is one of the best performingtheatres in all of Kansas, according to AMC. Wallace TheatreCorporation is the tenant and will operate the theater under along-term lease.

Entertainment Properties Trust is the only publicly traded realestate investment trust (REIT) focused on the acquisition ofproperties leased to leading location-based entertainmentoperators. Since late 1997, the company has acquired more than $700million of properties. The company's share price hit a 52-week highon Friday, June 6, trading at $28.09 before closing at $27.66. InMonday afternoon trading, shares of EPR stood at $27.58, off $0.08on the day.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.