FINMARC MANAGEMENT ACQUIRES TWO MOVIE THEATRE ASSETS IN MARYLAND AND VIRGINIA FROM EPR PROPERTIES FOR $15.1 MILLION
Posted on: 21/11/2025

Finmarc Management, Inc., a diversified commercial real estate investment and management firm headquartered in Bethesda, Maryland, has completed the $15.1 million acquisition of two retail properties leased by national movie theatre operators from real estate investment trust EPR Properties (NYSE: EPR). The assets include 6201 Multiplex Drive in Fairfax County, Virginia, which is fully leased by Cinemark Centreville and 7710 Matapeake Business Drive in Prince George’s County, Maryland, which is 100 percent leased by Xscape Theatres. Paul Norman, Jr. and John Owendoff of Cushman & Wakefield represented the seller in both transactions and Aaron Rosenfeld of Kelley Drye & Warren LLP provided legal services to Finmarc. 

Finmarc Management acquired more than $120 million worth of retail and commercial office properties last year, including the 185,000 square foot Riverview Plaza in Frederick, Maryland for $30 million; Trinity Centre, a four-building portfolio composed of nearly 500,000 square feet of Class “A” commercial office space in Northern Virginia for $39 million; and Dulles Corner, a four-building, 620,000 square commercial office portfolio in Northern Virginia for $51 million. 

“Both theatre assets are institutional-quality properties, strategically located in areas exhibiting extremely strong population growth, and leased by high-performing national movie theatre operators,” stated Finmarc Principal Neil Markus. “The sites are situated in high barrier-to-entry suburban in-fill areas and positioned in the center of robust retail corridors. Our immediate plans are to stabilize each property and implement new asset management protocols designed to improve operating efficiencies. We believe that each offers long-term value-add opportunities, based on the strong demographic fundamentals present in each submarket.” 

7710 Matapeake Business Drive 

7710 Matapeake Business Drive is a 14-screen, 60,000 square foot building on a 10-acre site in Brandywine Maryland situated along Crain Highway (MD Route 301) and 100 percent leased by Xscape Theatres, a Kentucky-based cinema chain which operates in five states nationally. The property is adjacent to Brandywine Crossing, a 600,000 square foot mixed-use retail development anchored by Safeway, Target, and Costco. Nearly 70,000 people reside within a five-mile radius of the site, with an average household income approaching $150,000, and the area population has increased nearly 25 percent since 2010. 

6201 Multiplex Drive 

6201 Multiplex Drive is a 12-screen, 72,821 square foot building in Centreville, Virginia on a nearly 12.5-acre parcel fronting Centreville Road (VA Route 28) and is 100 percent leased by Cinemark Centreville. Cinemark Holdings, Inc. operates nearly 500 theatres in the United States and Latin America. Positioned approximately 25 miles from Washington, D.C., the site is sandwiched near several retail centers, including Centre Ridge Marketplace, Centreville Square I and II, and Old Centreville Crossing, and is adjacent to CentreMed Medical Center. Nearly 230,000 people reside within a five-mile radius of the site, with an average household income approaching $180,000. 

  “Few real estate investment companies, locally or nationally, can match the level of acquisition and disposition activity that our team successfully executed in the past year,” stated Markus. “We intend to remain aggressive in our pursuit of emerging institutional-quality, under-performing, and value-add assets in the coming year, backed by ready capital and a strong track record of certainty to close, which positions us a preferred and proven counterparty to sellers of real estate assets. Our primary investment focus is the Mid-Atlantic, Northeast, and Southeast portions of the United States, but we will consider additional areas supported by a healthy economy and a growing population and labor market.” 

Finmarc Management, Inc. is a fully integrated commercial real estate company that focuses on real estate investment, management, leasing and development of retail, industrial/flex, and office properties throughout the Mid-Atlantic region. The firm presently owns and manages a portfolio encompassing nearly 7.5 million square feet of commercial properties located in Maryland, Washington, D.C., Virginia, Delaware, Pennsylvania, and North Carolina. For additional information visit www.finmarc.com