Here’s the Brochure for Up-for-Sale Suzanne Roberts Theatre
In an email sent out this morning, CBRE advertised 480 South Broad Street—better known as the Suzanne Roberts Theatre. The bank foreclosed on the home of the Philadelphia Theatre Company last April.
According to a tax return, the Philadelphia Theatre Company had a balance of $11 million on its mortgage when TD Bank foreclosed on the theatre. The theater company, which has been struggling financially due to operating and mortgage costs, received $5 million from the state and $3 million from the city to help construct its theater. The theater attached to Symphony House opened at Broad and Lombard in 2007.
The Roberts family, of Comcast, floated a plan to save the Philadelphia Theatre Company last year, but that is contingent on the company staying in the building.
According to CBRE, the building contains a two-story lobby and a 372-seat theater. It’s 32,598 square feet. The brochure, which contains detailed site plans of the theater, is below.