The rehabilitation of the historic Olympic Theatre is nearing completion on 8th Street in the Historic Core, which will soon become a new store for the clothing retailer COS.

Originally built in 1917 as a restaurant, the low-rise structure was converted into Bard's 8th Street Theatre in 1927 for a cost of $200,000.  It would be renamed less than five years later in anticipation of the 1932 Summer Olympic Games.

The theatre now, which ceased operations as a movie venue in 1997, now offers approximately 9,800 square feet of rentable space, spread a cross basement, ground and mezzanine levels.  COS, which is the high-end brand of H&M, will occupy the entirety of the building.

The Olympic sits directly across the street from the immense Broadway Trade Center, a former department store that is being transformed into a mixed-use complex featuring offices, a hotel and a food hall.  Another nearby property, the long-vacant Merritt Building, is being revived with office space.

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This Week in Leases - June 23, 2018

Two advertising studios make moves in DTLA and Park Mile.

ROW DTLA, located at the border of the Arts District and Industrial District in Downtown Los Angeles, has announced that creative advertising studio WC+A has signed a lease for 12,000 square feet of office space at the complex.