Also, very important in Los Angeles, the acquisition includes two surface parking lots totaling 1.45 acres.

Samaha also owns the Vogue and Fox Theatres in L.A. and the Liberty Theatre in New York.

The theater seats 3,400 andwent up for salein October 2023.

dolby theatre sold

Chris Rock onstage during the2015 Oscars at the Dolby TheatreAdam Taylor/Disney General Entertainment Content via Getty Images

The seller was Los Angeles developer CIM Group.

Bruce Haring contributed to this report.

An Oscar statuette