Boston Business Journal NorthBridge Partners Inc. has agreed to acquire the Showcase Cinema de Lux movie theater in the Boston suburb of Revere, Mass. The Wakefield, Mass., developer is buying the property from National Amusements Inc. NorthBridge plans on redeveloping ...
The property is fully leased to Amazon.com Inc., which signed its lease last year. Amazon plans on investing $40 million renovating the property.
The purchase was funded with a $48 million mortgage provided by Guardian Life Insurance Co.
97 percent leased.