Seritage Growth Properties (NYSE:SRG) ("Seritage"), a leading owner of 42 million square feet of retail properties, today announced it has entered into a lease with Cinemark Holdings (NYSE:CNK) ("Cinemark"), one of the world's largest motion picture exhibitors, to open a 12 screen, recliner theatre at Seritage's property at The Mall at Rockingham Park, in Salem, New Hampshire. Cinemark's theatre will be joined by leading restaurants in addition to Sears, which will continue to occupy the lower level of the main building, and Dick's Sporting Goods, which opened last year. "Adding a state-of-the-art Cinemark theatre and leading restaurants to our property at The Mall at Rockingham Park further strengthens this dominant retail hub and advances our value creation strategy for this asset," said Benjamin Schall, President and Chief Executive Officer of Seritage Growth Properties. "We are confident our efforts to transform this prime parcel of land into a first class, multi-tenant retail and entertainment destination will enhance the offering for the local community and create long-term value for our shareholders." "Cinemark is excited to open our first theatre in the state of New Hampshire at the Mall at Rockingham Park," stated Mark Zoradi, Cinemark's Chief Executive Officer. "The new theatre will offer guests comfortable seating in our Luxury Lounger electric recliners and a top of the line presentation experience through our extremely popular premium large format XD auditorium." The Mall at Rockingham Park, which serves the Greater Boston and Northern New England trade area, is owned by Simon Property Group, and is located just off the heavily-traveled I-93, two miles north of the Massachusetts border. The approximately one million square-foot Class A mall features an array of more than 150 premier and specialty retailers with an extensive collection of fashion options. The mall is anchored by Lord & Taylor, Macy's, JCPenney, Sears and Dick's Sporting Goods.