List of cinema and movie theater chains with the remaining location still up for sale as of 44 screens in 9 theaters in the Los Angeles, California area. Austin, TX. Plywood, Rats, "Desolation! Sign up for our Email Newsletters here. Industry sources point to a handful of potential suitors, none of which include the three major national circuits (AMC, Regal, Cinemark). It also notes its proximity to Downtown LA: “With over $25 billion in redevelopment transforming Downtown Los Angeles, many of Downtown’s and the Wilshire Corridor’s former theaters are now home to popular venues and retailers such as the Theatre at Ace Hotel, Urban Outfitters, COS (H&M), and CVS.”. The Royal is to Los Angeles what the Lincoln Plaza Theater was for New York, but it isn’t really competition for The Landmark in West Los Angeles, which is Landmark’s centerpiece LA theater. Browse our inventory of current Movie Theaters and Cinemas available for sale on, Los Angeles Area, California, United States. For just shy of $7 million, a buyer could scoop up the 73-year-old Glendale Centre Theatre property, as well as the theater business and nonprofit costume shop … These include the Los Angeles-based Landmark Theatres, the leading national specialized chain; Ventura, Calif.-based Regency Theaters, with theaters in four states; New York-based City Cinemas; streaming giants Netflix and Amazon; and Mexico-based luxury chain Cinepolis. The Mexico-based international exhibition giant has 26 theaters in seven states, with several in California. 816 N Sycamore Ave, Los Angeles, CA 90038. (A Laemmle representative did not respond to a request for comment.). That may leave little appetite for another acquisition, particularly since Landmark already works closely with the distributors that service Laemmle. The current operator hopes to find an owner committed to carrying on the theater business at the quaint, two-story property on North Orange Street in Glendale. The venue fronts MacArthur Park, an area that prior to WWII, had been quite posh. Phoenix, AZ. 1 bd; 2 ba; 1,149 sqft; 10 days on Zillow. In late July, Brenda Dietlein, who took over operations in early 2018, listed the quaint 380-seat venue with its distinctive brick facade at 324 N. Orange St. with CBRE. Sign up for our Email Newsletters here. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. “I have a great season in mind for next year,” Dietlein added. Related Resources: Provided by Google™, Bing™, & Yahoo™ Theater For Sale Loopnet. Mapping the Huge Wave of Gentrification About to Hit Westlake, 1930s Spanish Colonial Revival on century-old citrus orchard asking $1.15M, To save potential landmarks, LA wants more notice of demolitions, Western novelist’s former Altadena estate for sale $4M, Architect John Parkinson’s Santa Monica home on the market for $20M, Cliff-hugging castle overlooking the sea can be yours for $27M, Craftsman bungalow with incredible woodwork in Riverside asking $1.2M. In 2016, it issued a request for proposals to rehab the theater and possibly build affordable housing and retail on four neighboring parcels. The goal was to make the area “an attractive regional arts and culture and entertainment destination ... while offering employment, housing, education / institutional use and other services.”.
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