Booked Up sold to Gaines' investment firm

Larry McMurtry’s Booked Up buildings located at 211 and 214 S Center St. are now in possession of XVI Investments whose director is Chip Gaines of Magnolia and HGTV fame. The McMurtry family had owned the properties as bookstores since 1987. According to a distribution deed, the estate of Larry McMurtry awarded Booked Up manager Khristal Collins with the deeds to the properties as per McMurtry…