CULVER CITY, CALIF. — JLL Capital Markets has arranged $12.5 million in senior financing for Culver Theater, a movie theater in Culver City. Alex Olson, Joshua Blank and Sarah Kim of JLL Capital Market’s Debt Advisory represented the borrower, Oliver McMillan LLC, and secured the five-year, fixed-rate loan through Zions Capital Markets.
Located at 9500 Culver Blvd., the 41,341-square-foot Culver Theater was built in 2004. The property features a six-screen movie theater experience with a full bar, theater snacks and kitchen fare, and plush seating along with six private sound stages.
The theater, which was previously occupied by Arclight, was leased to a global e-commerce giant in June 2021 and opened to the public in 2022. The property is located across from Culver Studios, where a global e-commerce giant and movie production company operates more than 530,000 square feet of film and TV production space.