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Entertainment Tenants
Magic Johnson Theatres
Loews Cinema Entertainment trades as Magic Johnson Theatres at five locations
throughout CA, GA, NY, OH and TX. The movie theaters occupy spaces of 60,000
sq.ft. in power centers, malls and urban/downtown locations. Growth
opportunities are sought nationwide during the coming 18 months. Typical leases
run 20 years with four five-year options. Demographic requirements include a
population of 400,000 within five miles. A vanilla shell and tenant improvement
allowance are required.
For more information, contact Kenneth Lombard or Kimberly Ingram, Loews Cinema
Entertainment, 9100 Wilshire, Suite 710 East Tower, Beverly Hills, CA 90212;
310-247-1994, Fax 310-247-0733; Web site:
www.johnsondevelopment.com.
GKC Theaters
George Kerasotes Corp. trades as GKC Theaters
at 38 locations throughout AZ, IL, IN, MI and WI. The movie theaters occupy
spaces of 30,000 sq.ft. in malls and freestanding locations. Plans call for as
many as two openings during the coming 18 months. Expansion will take place
throughout AZ, IL, IN, MI and WI. The company prefers to cotenant with
restaurants. A land area of 5.0 acres to 6.0 acres is required.
For more information, contact Matt Heissinger, George Kerasotes Corp., 755 Apple
Orchard Road, Springfield, IL 62703; 217-528-4981; Fax 217-528-6490; Email:
mheissinger@gkctheatres.com.
The Zone
The Zone Entertainment trades as The Zone at
two locations throughout Canada. The entertainment centers, offering combination
bowling alleys and brew pubs, occupy spaces of 35,000 sq.ft. to 50,000 sq.ft. in
malls, entertainment centers and freestanding locations. Plans call for as many
as two opening during the coming 18 months, with representation by Nexus Realty
Co. Expansion will take place throughout AK, AZ, CA, CO, HI, ID, MT, ND, NE, NM,
NV, OR, SD, UT, WA and WY. Typical leases run 10 to 20 years.
For more information, contact Dale Clark, Nexus Realty, 285 17th Street, Suite
22, West Vancouver, Canada, V7V 3S6; 604-922-3353, Fax 604-922-6893.
Goodrich Quality Theaters
Goodrich Quality Theaters, Inc. trades as Goodrich Quality Theaters at 33
locations throughout IL, IN, MI and MO. The movie theaters occupy spaces of
20,000 sq.ft. to 45,000 sq.ft. in power centers and freestanding locations.
Plans call for as many as three openings during the coming 18 months. Expansion
is planned throughout the existing markets. A land area of 7.0 acres is
required. A land lease is preferred. The company prefers to cotenant with
supermarkets or general merchandisers.
For more information, contact Robert Goodrich, Goodrich Quality Theaters, Inc.,
4417 Broadmoor Avenue Southeast, Grand Rapids, MI 79512; 800-473-3523, Fax
616-698-7220.
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