Golden State Theater in escrow

March 12, 2014 Posted by Franklin Maggi

An article March 10, 2014 in the Monterey County Herald about the Golden State Theater states that the property is going into escrow (click on the thumbnail below to view the article). The prospective owners are Eric and Lori Lochtefeld, who have also owned the Fox in Redwood City since 2010. They hope to turn the Golden State into a performance venue. This is great news, as older theater buildings continue to have reuse issues that limit their ongoing viability. As more and more of these are returned to active uses, it encourages more owners to try  adaptive reuse of their underutilized buildings. Golden State Theatre

http://www.montereyherald.com/news/ci_25314092/golden-state-theatre-escrow-prospective-buyers-are-bay

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