The permanent closing of the West Coast-based Pacific Theatres and ArcLight Cinemas by its parent company shows the struggling movie theater industry and its retail landlords are not out of the woods, despite a steady reopening of the economy after a year of pandemic business restrictions.
Pacific, ArcLight Cinema Closings Show Pandemic Perils Remain for Industry
Parent of Properties Including LA’s Iconic Cinerama Dome Shuts Theaters
By Lou Hirsh
CoStar News
April 13, 2021 | 8:24 P.M.
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