KALAMAZOO, Mich. — AMC Portage Street 10 in downtown Kalamazoo closed Sunday, Nov. 8, 2020, Ryan Noonan, vice president of corporate communications, said.
EPR Properties owned the theater's property at 180 Portage St., Kalamazoo, for more than a decade. Mid-America Real Estate Group listed the property, which housed the theater, for sale or lease in October 2020.
In a written statement Monday, Nov. 9, 2020, Noonan said in conjunction with AMC's agreement with EPR Properties, the property management company "made certain rent concessions in exchange for other rights, including its ability to terminate up to seven leases."
AMC closed six EPR-owned theaters nationwide, including Portage Street 10.
Read the full statement:
"AMC continues to have constructive discussions with our landlords as we work together to effectively manage through this COVID crisis. This includes reaching a global agreement with EPR Properties, one of our most prominent landlord partners, which was executed on July 1, 2020. In conjunction with that agreement, EPR made certain rent concessions in exchange for other rights, including its ability to terminate up to seven leases. In conjunction with this agreement, AMC has ceased operations at six EPR-owned theatre locations nationwide, including AMC Portage Street 10, which closed at the end of business on Sunday, November 8. Any further questions about the future of this location should be directed to EPR Properties."
AMC opened Portage Street 10 in 2017, after the abrupt closure of Alamo Drafthouse.