Movie theater giant relocates headquarters

CB Richard Ellis/New England brokered the sale of a 64,543-square-foot office building in Norwood, Mass.

The value of the transaction was $9.4 million.

The property, located at 846 University Ave., features a three-story atrium lobby and includes a full-service cafeteria.

846 Limited Partnership sold the property to 846 University LLC, an affiliate of National Amusements, the parent company of both Viacom and CBS Corp.

National Amusements Inc. is temporarily relocating its headquarters from Dedham, Mass., while its future headquarters is being developed as a part of the future Legacy Place project in Dedham. National Amusements Inc. operates more than 1,500 movie screens in the United States, United Kingdom, Latin America and Russia.

CB Richard Ellis/New England is a Boston-based joint venture of CB Richard Ellis and Whittier Partners Group with offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire.

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