Grauman’s Theater sold

New landlord for Chinese Theater

Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord.

L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles.

Mann Theaters has a long-term lease and will continue to operate Grauman’s as an active movie house.

The 1,612-seat theater, built in 1927 by Sid Grauman, hosts dozens of film premieres every year and is one of Southern California’s biggest tourist attractions, with its courtyard featuring foot and handprints in concrete from generations of movie stars.

CIM was started by Israeli immigrants Kuba and Avi Shemesh with Richard Ressler. The firm specializes in developing and investing in urban centers. It is largely financed by pools of money raised by institutional investors, including the California Public Employees’ Retirement System.

More Film

  • ANT-MAN AND THE WASP

    Korea Box Office: ‘Ant-Man’ Stays Bigger Than ‘Skyscraper’

    Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord. L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles. Mann Theaters has a […]

  • China Box Office: 'Dying' Holds off

    China Box Office: 'Dying to Survive' Scores $69 Million, Holds Off 'Hidden Man'

    Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord. L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles. Mann Theaters has a […]

  • Elsie Fisher appears in I Think

    'Eighth Grade' Rules Indie Box Office With Top Screen Average of 2018

    Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord. L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles. Mann Theaters has a […]

  • International Box Office: 'Hotel Transylvania 3'

    'Hotel Transylvania 3' Climbs Past 'Skyscraper' at International Box Office

    Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord. L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles. Mann Theaters has a […]

  • Box Office: 'Skyscraper' Underperforms; 'Hotel Transylvania

    Box Office: 'Skyscraper' Gets Rocky Start as 'Hotel Transylvania 3' Checks In at No. 1

    Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord. L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles. Mann Theaters has a […]

  • Mitzi Gaynor and Nancy Sinatra Sr.

    Nancy Sinatra Sr., Frank Sinatra's First Wife, Dies at 101

    Grauman’s Chinese Theater, the 80-year-old landmark that attracts droves of tourists every year, has been sold to the CIM Group, Hollywood’s largest commercial landlord. L.A.-based CIM bought the property Thursday for an undisclosed price from the Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles. Mann Theaters has a […]

More From Our Brands

Access exclusive content