OSKALOOSA, IA — Des Moines-based Fridley Theaters is reducing the number of theaters it currently operates. It has found a new owner for its Penn Centre Theatre in Oskaloosa and is looking to sell theaters in other Iowa towns.

However, Fridley Theatres is leaving Oskaloosa as of Oct. 30, according to Patti Ryan, Penn Central Mall manager. Fridley Theatres have operated out of the Penn Centre Theater since the mid-1990s. The mall owns the Penn Centre Theatre building and was leasing the property to Fridley Theatres.

Ryan said an individual will own and manage a movie theater business out of that building. She added, this individual will be an Oskaloosa resident, which Ryan called a good thing. The individual’s identity remained unreleased at press time.

Read more in the Oskaloosa Herald.