Cinemark Holdings, Inc., (NYSE: CNK) today announced plans to build a CUT! by Cinemark in Cypress, Texas, a state-of-the-art dine-in theatre, located off of Highway 290 at 29030 Northwest Freeway. Construction is scheduled to begin in November with plans to open in July 2020 as a development of Washington Prime Group.
Fourth Franchise Deal Inked by Brand In 2019
Sixpoint Brewery is building a new state-of-the-art brewery and taproom in Gowanus, Brooklyn, set to open in May 2020. The 20,000 ft2 space will feature a production brewing system, a full-service kitchen and bar, a street level outdoor beer garden, and a 4,000 ft2 rooftop beer garden with stunning views of the Brooklyn and Manhattan skylines.
The collection also includes 1980 San Marco Blvd., currently a Starbucks, and 1972, a Beau Outfitters. The properties are the centerpieces of San Marco Square, one of Jacksonvilles trendiest dining and shopping destinations.
One concession will open in PPG Paints Arena, home to the National Hockey League's Pittsburgh Penguins, and will be open for the 2019-2020 hockey season. The second, inside FirstEnergy Stadium and home of the National Football League's Cleveland Browns, opened on August 8 for the first preseason game.
Existing Franchisee Opens First 'Moments' Store in the Eastern United States
The property is located in Georgia and is occupied under a triple-net lease with approximately 7 years of term remaining. The transaction was priced at a 6.8% going-in cash cap rate, exclusive of transaction costs.
South Florida's First Nitrogen Ice Cream Concept to Focus on Brand Expansion Throughout the Southeast
Inks Agreements to Open 48 New Locations Across the Country
The first stores will open in Dallas, Houston, San Antonio and Austin. The new stores will mark the debut of Fatburgers in Texas and add to more than 200 Fatburger locations worldwide.