Terranova Wins Suit Against Regal Cinemas Over $807K In Rent
Terranova founder Stephen Bittel and Cineworld CEO Mooky Greidinger with Shadowood Square (Getty, Google Maps, Terranova, iStock) Regal Cinemas must pay $807,118 for unpaid rent at Terranova Corp.’s Shadowood Square retail complex near Boca Raton, a judge ruled. Palm Beach County Circuit Judge G. Joseph Curley ordered Regal Cinemas to pay its April rent of $79,129 by Monday, and $807,118 of back rent for previous months by April 23. Knoxville, Tennessee-based Regal Cinemas, through affiliate R.C. Cobb, leases 44,845 square feet at the shopping plaza at 9789 Glades Road. The movie theater co...
Source: therealdeal.com