Short answers, pulled from the story.
James Burbage and John Brayne erected The Theatre in Shoreditch just beyond the northern boundary of the City of London. This wooden structure stood on property that had originally been the grounds of the dissolved Halliwell Priory or Holywell.
The Theatre opened in the autumn of 1576 as a venue for Leicester's Men and later housed the Admiral's Men during the 1580s. The Lord Chamberlain's Men performed at The Theatre until 1597 with William Shakespeare serving as an actor and playwright within the company.
The Theatre was dismantled to save the investment after landlord Giles Allen contested the lease terms and forced the Lord Chamberlain's Men to stop playing in 1597. Peter Street and workmen moved the timber structure piecemeal to reconstruct it as The Globe in the following spring.
The Theatre is said to have cost £700 to construct using brick, sand, lime, lead, iron, and timber with a tile roof. The building featured three galleries surrounding an open yard and a polygonal design that possibly adapted from inn-yards or bear baiting pits.
Archaeologists from the Museum of London announced they had found the foundation of The Theatre in August 2008 during excavations in New Inn Broadway Shoreditch. Ground plans confirm the site sits within the modern London Borough of Hackney just outside the City of London boundaries.