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Laredo

Former Laredo Theater Site Sells Again

The former Hollywood Theaters complex at 2401 Jacaman Road has changed hands again, with about 20,000 square feet still available to lease.

Updated on Nov. 5, 2026 in Openings & Closings

Isometric editorial illustration of a long low vacant commercial building with a blank facade on flat sand-colored ground, empty parking lot in front.
A former Hollywood Theaters complex at 2401 Jacaman Road in Laredo changed hands again, with about 20,000 square feet still available to lease. AI Illustration. Upload story photo >

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The former Hollywood Theaters complex at 2401 Jacaman Road was sold again. The theater complex closed in 2021 and was first sold in 2022.

Why it matters

The sale leaves a large vacant property in Laredo with plans for its future still unannounced. Twin Peaks' recent South Texas development agreement has prompted speculation that the restaurant chain could be a possible tenant, though the company has not named a Laredo location.

About 20,000 square feet at the site remain available to lease. The theater complex has sat vacant since its 2021 closure, and no specific tenant or use has been confirmed.

The players

Twin Peaks

Twin Peaks is a casual dining restaurant chain known for its sports-themed atmosphere and wings menu.

InnJoy Hospitality

InnJoy Hospitality is a hospitality company whose affiliate, Peaks and Pints LLC, holds the Twin Peaks development agreement for South Texas.

The details

The former Hollywood Theaters complex was sold in a transaction involving BH Properties, InnJoy Hospitality, Black Rock CRE and RE/MAX Commercial Real Estate. Peaks and Pints LLC, an InnJoy Hospitality affiliate, signed an area development agreement with Twin Peaks in August to expand the chain into South Texas, including Laredo.

Timeline

  1. 2021: The Hollywood Theaters complex closed.

  2. 2022: The theater complex was first sold.

  3. August 2026: Twin Peaks signed its South Texas area development agreement with Peaks and Pints LLC.

  4. November 5, 2026: The site was sold again.

  5. Plans for the site are expected to be announced soon.

Openings & Closings

The former theater site's sale follows Twin Peaks' August 2026 South Texas development agreement with Peaks and Pints LLC, which could position the chain as a possible future occupant. The link remains unconfirmed, as no Laredo location has been announced.

For local residents, the site's future use could affect nearby shopping and dining options once a tenant is announced. The available 20,000 square feet of space may also create leasing opportunities for businesses seeking a large property in Laredo.

The takeaway

Residents watching for new restaurants or businesses in Laredo should keep an eye on announcements about the former theater site. Plans for the property are expected soon, and they may clarify whether Twin Peaks is involved.

Further reading

Explore more on Openings & Closings in Laredo to see how other vacant properties are being reused.

Source note: This article includes information reported by Laredo Morning Times.

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