Developer plans to convert Sherman Oaks theater to office building

Steven and Susan Gryczman also planning to add 42K sf to complex: records

TRD LOS ANGELES /
Jun.June 13, 2018 10:30 AM
14424 W Milbank Street

A movie theater in Sherman Oaks could soon transform into an office building.

Owners Steven and Susan Gryczman are planning to convert the Sherman Oaks Pacific Theatre, located at 14424 West Milbank Street, into an office building with a 42,000-square-foot addition, according to property records recorded Wednesday.

The Gryczmans could not immediately be reached for comment.

The theater is located on a lot spanning just over 174,000 square feet that also includes a strip mall, and it appears that the strip mall will be included in the conversion as well.

The Los Angeles neighborhood is a popular spot for celebrities, although many have recently put their homes on the market, including game show host Wayne Brady, actor Michael Chiklis and Dodgers outfielder Yasiel Puig.


Related Article

arrow_forward_ios
From left: Saeed Nourmand, Michael Nourmand, Grant King and Richard Heyman

Relevant Group sues Nourmand & Associates’ founder, alleging extortion over hotel projects

Centennial founder and CEO Steven Levin with a rendering of the project

Centennial Real Estate approved for sprawling $300M mixed-use village

Apartment complex at 1435 Stanley Avenue and Raintree Partners CEO Jeffrey Allen (Credit: Apartment Finder)

Raintree Partners spends $79M on Glendale multifamily portfolio

LA Mayor Eric Garcetti

Down goes Measure EE: Property tax referendum routed at polls

CIM Group Founders, Shaul Kuba, Richard Ressler, and Avi Shemesh and 4750 Wilshire Boulevard (Credit: Google Maps)

CIM Group lists part of its Miracle Mile office campus

Arman Gabay and The Springs shopping center in Palm Springs, part of the 14-property portfolio

Charles Co. secures $215M refi for retail portfolio

Joon Choi, principal at Harbor Associates, and 2400 Conejo Spectrum Street (Credit: Google Maps)

Harbor Associates leases up then sells off its Thousand Oaks office park

9300 Wilshire Boulevard

Land under historic Beverly Hills office building sells for $25M

arrow_forward_ios