VANCOUVER, WA-TMT Development has sold off the former Cascade Cinemas property here for $1 million, a TMT spokesperson confirmed for GlobeSt.com Friday morning. The property, located at 411 S.E. Chkalov Dr., includes a multi-screen theater and a large parking area.

As part of the agreement, Westminster Presbyterian Church will deed back a 35,000-sf piece of the property if Moyer is successful in slicing it off for an as yet undetermined commercial development.

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