You could own your very own cineplex in Montgomery County. CBRE is now marketing the vacant Regal Cinemas at 20000 Century Boulevard in Germantown for sale. While the signage posted on the theater building is pushing a retail use, the online sale listing notes that the 14-screen cineplex inside remains intact. That means this could be essentially a turnkey operation to reopen the theater for a smart cineplex chain, or a wealthy movie buff. Financing is being offered on the listing page, but the asking price for the property - which includes a large surface parking lot - is not provided. Good luck, and until next time, the balcony is closed!
The own has the right to develop whatever the market forces demand, apparently that market has a weak interest in movies. Saving this sorry place ain't happening.
ReplyDeleteFUTURE HOUSING !!!
ReplyDeleteNo
DeleteDid you watch the Oscars? DEI has destroyed Hollywood causing the starvation of the 14-screen cineplex. This economic model is as archaic as the enclosed shopping mall.
ReplyDeleteHmmmm....
DeleteOscar is still so White ICYDK.
DeleteI'm sure they don't sell enough tickets to cover the electric bill
ReplyDeleteLet the market decide.
ReplyDelete