The Board of Directors for Beowulf Alley Theatre Company has announced that the theatre at 11 South 6th Ave will be closed, effective immediately. The final performance of Savage Bond, by Steve Holiday, was held Nov. 24. Performances that were scheduled for the remainder of the season have been cancelled, and subscribers will receive refunds for those shows.This is an unfortunate loss for local thespians, improv performers and nearby University of Arizona theatre students. The corporation will continue in hiatus while the board members consider future opportunities. There will be a public auction for the sale of theatre equipment, props, furnishings, office equipment, and other items is scheduled for Dec. 15.