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NET LEASE REALTY BUYS LAND FOR 14-SCREEN CINEMARK IN CINCINNATI

CINCINNATI — Net Lease Realty has acquired six acres in Cincinnati for the development of a 14-screen Cinemark — the first of its kind in southern Ohio. The site is situated at the corner of Disney Street and West Lane within Oakley Station, a new mixed-use development that includes office, retail and apartments. Construction is already under way and the theater will open in the fall of 2013. Cinemark Theaters will lease the building. Melissa Ruther and Mike Halonen of Edge Real Estate Group represented the seller, USS Realty LLC, in the transaction. The buyer was self-represented.

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