El Capitan for sale
LOS ANGELES, CA — No need to sound the alarms because Disney is locked in as tenant for a while, but the property owner of the building that houses the El Capitan Theatre is looking to sell it off.
The $31-million price tag includes the six-story, 1920s office building into which the theater is built.
Walt Disney Co. will remain the long-term tenant at the theater, which the studio renovated in the early 1990s and has used to showcase many of its recent children’s movies.
The building also houses several entertainment industry tenants, including the studio and offices of “Jimmy Kimmel Live.”
Read the full story in the Los Angeles Times.