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FORT LAUDERDALE, FL—Silverspot Cinema just inked a lease deal at Promenade at Coconut Creek, a 23-acre, 277,000-square-foot mixed-use retail and office development from Garrison Investment Group. Financial terms of the deal were not disclosed, but market sources say it’s worth about $10 million.
Silverspot, which is a division of Venezuelan-based Cines Unidos, will operate a 12-screen theater in the mixed-use complex. The upscale theater will feature a combination of first-run blockbuster, 3-D, and concerts presented with state-of-the-art projection and sound technology.
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