Paramount leases Caruso’s Bay Theater in Pacific Palisades after Warner merger
Hot on the heels of its approved merger with Warner Bros. Studios, Paramount Pictures is adding more real estate to its holdings, buying a historic theater in Pacific Palisades. Skydance-owned Paramount Pictures took over the lease for the Bay Theater at 1035 North Swarthmore Avenue with plans to reopen the 1940s-built movie house after it closed in the wake of the Palisades fire, the Los Angeles Times reported. Caruso, the real estate firm led by former mayoral candidate Rick Caruso, owns the property. Paramount will renovate the theater with new projection systems and in-seat food and drink service. The Lot, […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Cain moves forward with One Beverly Hills armed with bonds from buyers
Selling Your Home? Here Are the Biggest Mistakes to Avoid
49ers Legend Jerry Rice’s Former Bay Area Estate Lists for $35 Million
Yo quiero más: Taco Bell inks OC’s largest office lease in five years
Hilton & Hyland hard launches reboot with addition of Bryce & Kirby Luxury Estates
Inside Lucille Ball and Desi Arnaz’s Legendary Homes
There’s a Bright Blue Studio at the Back of This £3.75M London Home
More small-lot homes planned on single-family parcel in Valley
Apple Debuts Apple HomeView, a New Device for the Home
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA