The Strand Theatre in Biloxi was owned by local businesswoman Noreta Lopez Yerger, and leased & operated by Saenger Theatres, Inc.

The business arrangement must have worked well: the same was done when the Biloxi Saenger Theatre was built by Mrs. Yerger.

The Strand Theatre closed the day the Biloxi Saenger Theatre was opened, & the Strand's telephone number was assigned to the Saenger. The Strand building was then remodeled for use as an office building