SEEKONK, Mass. — Demoulas, the company that operates Market Basket, recently acquired the land where a Massachusetts movie theater sits in a deal valued at nearly $10 million, records show.
The Tewksbury-based grocery chain purchased the Showcase Cinemas at 100 Commerce Way in Seekonk from NAI Enertainment Holdings LLC on July 17 for $9.5 million, according to Northern Bristol County Registry of Deeds documents.
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It wasn’t immediately clear if Market Basket plans to turn the movie theater into a grocery store.
Showcase Cinemas Seekonk, located just off Route 6, sits near multiple stores including Target, Walmart, Best Buy, T.J. Maxx, HomeGoods, Kohl’s, Lowe’s, and Dick’s Sporting Goods.
WPRI-TV reported that a new Whole Foods is also being built nearby.
Existing Market Basket locations in Bristol County include Raynham, Attleboro, Fall River, and New Bedford.
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