Variety Theater sold to investor group

Following its pending sale, there is a new future for the Variety Theater, its ground-floor retail spaces and second-floor apartments. But what that future holds remains to be seen (CRESCO). CLICK IMAGES TO ENLARGE THEM.

Historic rehab is in the playbill

In the 36 years following the Variety Theater’s closure, a parade of owners have sought things for the 99-year-old venue — new uses, money and luck. Sadly, each of those have been beyond the grasp of each proprietor. Now, another owner is bringing another opportunity to change the theater’s fortunes.

Stepping up on stage is Onro Property Solutions of Rancho Santa Fe, CA. Their partner in the deal is DCS Properties of Escondido, CA. David Rodriguez, an investor at DCS Properties, confirmed the purchase in an e-mail to NEOtrans.

“At this time, our plan is to restore everything the way it was,” Rodriguez said. “To restore the theater and the 12-unit apartments on top.”…

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