Atlantic Realty Companies of Tysons, VA and New York-based alternative investment firm Angelo, Gordon & Co. have acquired Tysons Concourse from California State Teachers’ Retirement System for $78.8 million. They JV plans a $6 million renovation.
Main Street Movies 5 will open a five-screen, state-of-the-art movie theater with reserved, reclining seats and refreshments from local vendors at the Newark (DE) Shopping Center in August of 2016. The new theater will replace the shuttered Newark Cinema Center, which operated from the early 1960’s through October of 2015. Main Street Movies 5 has signed an 18,000 square foot lease with Atlantic Realty Companies of Tysons, VA, which acquired the Newark Shopping Center four years ago in partnership with New York City-based Angelo, Gordon & Co.