Daily Archives: July 9, 2012

Mitchell Theaters buys two more theaters

WICHITA — What Brian Mitchell once described as a hobby is clearly anything but just for fun.

Mitchell Theaters has purchased two more theaters: the 7-screen Storyteller Cinema in Taos, N.M., and the 8-screen Starlight Cinema in Los Lunas, N.M. That brings its total to 10 theaters with 73 screens in four states.

“This hobby has gotten out of control,” Mitchell says, laughing.

The Mitchell family – which includes Brian Mitchell and his siblings Brent, a lawyer at Martin Pringle, and Kendra Ramsey, who lives in Texas — is a farming family that bought its first theater in Newton six years ago and has been steadily acquiring new theaters ever since.

Now is an ideal time to buy theaters, Brian Mitchell says, because of Hollywood’s requirement that all theaters convert to become digital.

“The digital conversation really has the industry in chaos,” Brian Mitchell says. “It created an opportunity for us.”

Read More »

You don’t say

“I am up to a 9 day work week and this one man band is having trouble playing all the instruments.”

– An e-mail from Ben Arnold, who is seeking partners to invest in his Corporate Caterers of Wichita to help him control the “monster” growth he’s experiencing

Occupational Safety & Health Administration to move to Bank of America Center

UPDATED — The Occupational Safety & Health Administration is going to open an office in the Bank of America Center at Douglas and Broadway.

“We’re real excited about having them,” says Chris Ruffin, director of real estate for his father Phil Ruffin’s Ruffin Properties.

OSHA, which is taking 6,500 square feet on the fourth floor, signed a 10-year lease.

Grant Tidemann and Marty Gilchrist of J.P. Weigand & Sons helped with the deal.

“They were a lot of help,” Chris Ruffin says. Government deals “are very complicated.”

Martin Pringle also recently signed a 10-year extension on its lease at the Bank of America Center. The law firm has the entire fifth floor, which is about 35,000 square feet.

When Phil Ruffin bought the building in 2006, it had a 52 percent occupancy rate. Now, it’s at about 94 percent.

“We are getting full,” Chris Ruffin says. “We only have a little bit of space left.”

He says he’s working with several people on other potential deals there.

“We’re just trying to get the rest of the spaces leased.”