Regal Cinemas

U.S. Properties Group Signs New Lease with UFC GYM at The Streets of Indian Lake – Hendersonville, Tennessee

Retrieved on: 
Tuesday, March 19, 2024
Health, Sports, Fitness & Nutrition, Commercial Building & Real Estate, Construction & Property, General Sports, Exercise, Regal Cinemas, Business, SVP, Tenant, Lifestyle center, USPG, Streets, Octagon, SF, Restaurant, Kids' club, UFC, The Streets, Interior design

The opening of UFC GYM at The Streets of Indian Lake is anticipated by the summer of 2024.

Key Points: 
  • The opening of UFC GYM at The Streets of Indian Lake is anticipated by the summer of 2024.
  • UFC GYM is owned locally by George Girgel, a resident of Franklin, Tennessee and a successful entrepreneur in Tennessee and other states.
  • “We share a passion to make UFC GYM one of the most successful brands in the fitness industry.
  • What’s more, they can do so in a facility that is second-to-none.” - Mark Mastrov, Executive Chairman, UFC GYM.

CTO Realty Growth Provides Year-To-Date Leasing Update

Retrieved on: 
Monday, March 11, 2024
Acquisition, Shop, Bath & Body Works, Growth, Foot, Sunglass Hut, Occidental Petroleum, Regal Cinemas, Self storage

WINTER PARK, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent leasing activities:

Key Points: 
  • WINTER PARK, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent leasing activities:
    Year-to-date, signed 16 leases totaling 112,480 square feet at an average cash base rent of $27.49 per square foot.
  • On a comparable basis, which excludes vacancy existing at the time of acquisition, CTO signed 12 leases totaling 103,065 square feet at an average cash base rent of $26.58 per square foot compared to a previous average cash base rent of $14.06 per square foot, representing 89% comparable growth.
  • Executed an approximately 45,000 square foot lease with a regional fitness tenant for the replacement of Regal Cinemas at Beaver Creek Crossing in Apex, NC.
  • Signed notable new leases, renewals, or extensions with Altar’d State, Bath & Body Works, Occidental Petroleum, Total Wine & More and Sunglass Hut.

Ken Thewes Joins Marcus Theatres® as Senior Vice President of Marketing

Retrieved on: 
Thursday, September 28, 2023
Film & Motion Pictures, Marketing, Communications, General Entertainment, Entertainment, Air force academy, Grand Rapids Symphony, Marcus Corporation, University, SpartanNash, Courage, Fathom Events, Multimedia, United States Air Force Academy, Thomas Thewes, American Advertising Federation, Addy, Air force, Regal Cinemas, The, MCS, NYSE, Film industry, Management, Innovation

Marcus Theatres® , a division of The Marcus Corporation (NYSE:MCS), announced today that industry veteran Ken Thewes has been appointed senior vice president of marketing.

Key Points: 
  • Marcus Theatres® , a division of The Marcus Corporation (NYSE:MCS), announced today that industry veteran Ken Thewes has been appointed senior vice president of marketing.
  • Most recently, Thewes was the chief marketing officer for Regal Cinemas.
  • View the full release here: https://www.businesswire.com/news/home/20230927243816/en/
    Ken Thewes, senior vice president of marketing at Marcus Theatres (Photo: Business Wire)
    “Whether avid moviegoers or entirely new audiences, people are flocking to theatres for unique entertainment experiences,” said Mark Gramz, president of Marcus Theatres.
  • “Ken has a long history in reaching audiences not only in movie exhibition, but across hospitality and entertainment.

EPR Properties Announces Comprehensive Restructuring Agreement and Master Lease with Regal Cinemas; Management to Host Conference Call

Retrieved on: 
Wednesday, June 28, 2023
REIT, Film & Motion Pictures, Commercial Building & Real Estate, Entertainment, Construction & Property, Webcast, Plan, Effective date, Cineworld, Chapter 11, Title 11, United States Code, Tenant, Sale, PIN, EPR, Hearing, Management, Regal Cinemas, American Box Board Company Headquarters and Factory, Phoenix Theatre (New York City), NYSE, Bankruptcy, EPR Properties, Property management, Lease, Cryptocurrency, Film industry, Regal, Cinemark Theatres

EPR Properties (NYSE:EPR) (the “Company”) today announced that it has entered into a comprehensive restructuring agreement with Regal Cinemas and certain of its subsidiaries (collectively, “Regal”) anchored by a new master lease (“Master Lease”) for 41 of the 57 properties currently leased to Regal (“Master Lease Properties”).

Key Points: 
  • EPR Properties (NYSE:EPR) (the “Company”) today announced that it has entered into a comprehensive restructuring agreement with Regal Cinemas and certain of its subsidiaries (collectively, “Regal”) anchored by a new master lease (“Master Lease”) for 41 of the 57 properties currently leased to Regal (“Master Lease Properties”).
  • Regal revenues on the 41 Master Lease Properties exceeded $220 million in 2022 as North American Box Office Gross (“NABOG”) totaled $7.4 billion.
  • Pursuant to management agreements, Cinemark (NYSE:CNK) will operate four of the Surrendered Properties and Phoenix Theatres will operate one.
  • Management will host a conference call to discuss the Company's restructuring agreement with Regal and related matters on June 28, 2023 at 5:00 p.m. Eastern Time.

National CineMedia Announces New Long-Term Advertising Agreement with Regal Cinemas

Retrieved on: 
Monday, June 5, 2023
Audio, Video, Film & Motion Pictures, Advertising, Communications, Online, Mobile Entertainment, Technology, Entertainment, NCM, Agreement, Regal Cinema, Bankruptcy, Consumer, Regal, National CineMedia, United States bankruptcy court, Regal Cinemas, United, North Carolina Transportation Museum, Platinum, Film industry

National CineMedia, LLC (“NCM”), the largest cinema advertising network in the United States, today announced that it has entered into a new long-term Network Affiliate Transaction Agreement (“Agreement”) with Regal Cinemas, Inc. (“Regal Cinemas”).

Key Points: 
  • National CineMedia, LLC (“NCM”), the largest cinema advertising network in the United States, today announced that it has entered into a new long-term Network Affiliate Transaction Agreement (“Agreement”) with Regal Cinemas, Inc. (“Regal Cinemas”).
  • “The agreement we announced today strengthens and deepens NCM’s 20-year relationship with Regal Cinemas well into the future and reaffirms our position as the market leader and premier company in cinema advertising,” said Tom Lesinski, CEO of NCM.
  • The new ten-year Agreement will replace the previous Exhibitor Service Agreement with Regal Cinemas.
  • This Agreement represents a major milestone in the NCM’s restructuring and culminates its successful mediation with Regal Cinemas.

Cynthia Garris Ministries Transforms Local Movie Theater into Vibrant Place of Worship

Retrieved on: 
Monday, May 22, 2023
Construction & Property, Other Consumer, Women, Seniors, Religion, Men, Family, Consumer, Teens, Other Construction & Property, Parenting, Crossgates Mall, Regal Cinemas, Environment, Auditorium, Mall, Nightclub, Film industry, Tourism

Cynthia Garris Ministries has unveiled the transformation of a local movie theater into a dynamic house of worship.

Key Points: 
  • Cynthia Garris Ministries has unveiled the transformation of a local movie theater into a dynamic house of worship.
  • By repurposing the movie house, Cynthia Garris Ministries has created an environment where everyone can come together under one roof.
  • Cynthia Garris Ministries aims to connect with the community beyond worship.
  • Cynthia Garris Ministries is a non-denominational church committed to nurturing faith, fostering community, and making a difference in the lives of individuals and families.

SITE Centers Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, April 25, 2023
Other Retail, Commercial Building & Real Estate, Construction & Property, REIT, Luxury, Discount, Variety, Department Stores, Fashion, Convenience Store, Retail, Home Goods, SNO, Sale, FFO, Net income, Regal Cinemas, Growth, SITE, Party City, NYSE, Bankruptcy, Commercial property, Reinsurance, Video game, Lease, Cineworld

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2023.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2023.
  • SSNOI in the first quarter of 2022 included $1.1 million of rental income at SITE Centers’ share related to 2020 primarily from cash basis tenants, which was a 130 basis-point headwind to first quarter 2023 SSNOI growth.
  • The Company did not have any leases rejected in the first quarter of 2023 related to the bankruptcy filings of Party City or Cineworld (Regal Cinemas).
  • The Company has updated its 2023 full-year guidance for net income attributable to common shareholders and Operating FFO per share to include the impact of the first quarter operating results.

Velocity MSC Announces Partnership with Digital Cinema Distribution Coalition to Bring Next-Gen Terrestrial Network to Theaters at CinemaCon

Retrieved on: 
Monday, April 24, 2023
National Association of Theatre Owners, DCDC, Mechanics, Partnership, Exhibition, Cinemark Theatres, Human, AMC Theatres, Universal Pictures, Regal Cinemas, Warner Bros., Velocity, Television

Under the agreement, Velocity will be the preferred provider to enhance the company's digital delivery of theatrical content by partnering for terrestrial distribution to cinemas nationwide.

Key Points: 
  • Under the agreement, Velocity will be the preferred provider to enhance the company's digital delivery of theatrical content by partnering for terrestrial distribution to cinemas nationwide.
  • The mechanics of content distribution have evolved over the years from physical hard drives shipped by road transport to digital delivery via satellite.
  • Through this partnership, we will continue our expansion into cinema markets and modernize network connections and asset delivery for our customers," said Joe Ross, Chief Commercial Officer of Velocity MSC.
  • Last year at CinemaCon, Velocity introduced its newest proprietary digital signage solution , a 7-foot-tall digital standee.

CIM Group Brings Nordstrom Rack and Chick-fil-A to Northwoods Shopping Center in San Antonio, Texas

Retrieved on: 
Tuesday, March 21, 2023
Fashion, Retail, Restaurant, Bar, Commercial Building & Real Estate, Construction & Property, Food, Beverage, Nordstrom Rack, Old Navy, Laurentian Mixed Forest Province, Clothing, United States Numbered Highway System, Red Robin, Barnes & Noble, Chick-fil-A, Regal Cinemas, CIM Group, Texas State Highway Loop 1604, Shoe, Ulta Beauty, Department store

CIM Group, announced today that it has executed leases with Nordstrom Rack and Chick-fil-A at its Northwoods Shopping Center, a 443,148-square-foot regional community center offering a mix of shops, restaurants and entertainment.

Key Points: 
  • CIM Group, announced today that it has executed leases with Nordstrom Rack and Chick-fil-A at its Northwoods Shopping Center, a 443,148-square-foot regional community center offering a mix of shops, restaurants and entertainment.
  • Nordstrom Rack has signed a long-term lease for an approximately 34,966-square-foot space located near the popular H-E-B grocery store.
  • Chick-fil-A is constructing a new restaurant at Northwoods Shopping Center, a 4,995-square-foot building on a 1.5-acre parcel located across the parking lot from Nordstrom Rack.
  • Northwoods Shopping Center is an outdoor, regional community center, offering 54 shops that provide a diverse mix of large format and boutique retail, restaurants, services and entertainment.

Kite Realty Group Trust Reports Fourth Quarter and Full Year 2022 Operating Results and Provides 2023 Guidance

Retrieved on: 
Monday, February 13, 2023
Upsizing (database), NOI, Trustee, Operation, Corporation, NYSE, KRG, Regal Cinemas, ESG, Adjustment, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., NAREIT, FFO, ABR, Collection, Cryptocurrency, Security (finance), Bank, Commercial property

INDIANAPOLIS, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • INDIANAPOLIS, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2022.
  • “Quarter after quarter we produced sector-leading results, which reflect the quality of our expanded portfolio, the intensity of our operating platform and the strength of our balance sheet.
  • The first quarter dividend will be paid on April 14, 2023, to shareholders of record as of April 7, 2023.
  • The following table reconciles the Company’s 2023 net income guidance range to the Company’s 2023 NAREIT FFO guidance range: