New owners snatch up water park north of Houston

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Wet ‘n’ Wild SplashTown, a water park in Spring, was recently acquired by a Kansas City-based real estate investment trust. EPR Properties (NYSE: EPR) bought the water park from Florida-based CNL Lifestyle Properties Inc. but kept Premier Parks LLC as the operator with a 40-year lease, according to a release. The deal also retained Oklahoma City-based Premier Parks as the operator at 11 other theme and water parks. EPR Properties has more than $5 billion in investments, including assets such as…


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