Florida-based Global Turbine Systems Inc., which remanufactures jet engines, has committed to purchase 24 acres in the city’s 40-acre Soldier Creek Industrial Park.
Draw the curtain and keep the lights out at Midwest City's Warren Theatre, which is headed to a sheriff's sale.
It never had a chance because of the coronavirus.
Arvest Bank foreclosed with MWC Warren Theatre Inc. owing $16,277,807.79, plus attorneys' fees, expenses and interest.
Interest is accruing at $3,830.33 per day, district court records show.
The court ordered the theater be sold at auction by the sheriff. It had not yet been scheduled for an upcoming sale as of Tuesday.
The theater, at 5905 SE 15 in Midwest City's Sooner Rose Shopping Center, had about a six-month run before the pandemic hit in March. It closed and, unlike some other movie theaters, it never reopened.