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Metropark Square
EntertainmentInvestment salesMixed-useNewsRestaurantsRetailersTexas

STRIVE Brokers Sale of 173,000-Square-Foot Metropark Square in Metro Houston

by Abby Cox

Shenandoah, Texas — STRIVE has brokered the sale of Metropark Square, a 173,000-square-foot mixed-use development located in Shenandoah, roughly 30 miles north of downtown Houston. Dave & Buster’s, AMC Theatre and a Hyatt House hotel anchor the center, which features a mix of dining, entertainment and service-oriented retailers across 70 acres. Tenants include Martinis & Manicures, Top Sushi, Escapology, Black Bear Diner, Salons by JC, Aesthetic Smiles Dentistry and Crawfish Café. Jake Dutson and Jennifer Pierson of STRIVE represented the seller and developer, Frisco, Texas-based Sam Moon Group. STRIVE also procured …

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Sky Zone
CaliforniaEntertainmentInvestment salesNews

Hanley Investment Group Negotiates Sale of Single-Tenant Retail Property in Metro Los Angeles for $8.8 Million

by Abby Cox

Santa Clarita, Calif. — Hanley Investment Group Real Estate Advisors has negotiated the $8.8 million sale of a single-tenant retail property located in Santa Clarita, approximately 30 miles north of Los Angeles. Situated within Centre Pointe Marketplace, Sky Zone Trampoline Park occupies the 30,624-square-foot retail property on a new long-term lease. Sean Cox and Kevin Fryman of Hanley represented the seller and developer, locally based Spirit Properties Ltd., and the buyer, in the transaction.

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Long Beach Towne Center
Architecture and DesignCaliforniaEntertainmentInvestment salesNewsRestaurantsRetailers

CenterCal Properties, DRA Advisors Buy Long Beach Towne Center, Plan Redevelopment

by Abby Cox

Long Beach, Calif. — CenterCal Properties and DRA Advisors has acquired Long Beach Towne Center, with plans to redevelop the 870,000-square-foot property into a prominent retail and entertainment destination. Redevelopments will include new dining options such as chef-driven restaurants, fast-casual concepts and cafés; new retail brands; outdoor gathering areas with shaded seating, enhanced landscaping, public art and year-round programming; updated entertainment offerings with the addition of boutique fitness, wellness and family-oriented experiences; and renovated signage, lighting, pedestrian pathways and parking areas.

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Ballys Las Vegas
DevelopmentEntertainmentMixed-useNevadaNewsRestaurantsRetailers

Bally’s Unveils Plans for 35-Acre Entertainment Resort Destination in Las Vegas

by Abby Cox

Las Vegas — Bally’s Corp. has announced plans for Bally’s Las Vegas, an entertainment resort destination planned on the 35-acre site of the former Tropicana Las Vegas hotel and casino. The casino and sports entertainment operator is partnering with JLL and Marnell Cos. on the development, which is being submitted to Clark County for entitlements. Bally’s Las Vegas will share the site with the new Las Vegas Athletics Major League Baseball ballpark, a move by the Oakland Athletics that was announced and approved in 2023. Bally’s expects construction at Bally’s Las Vegas to begin …

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KTGY Retail Mixed Use Panel
Architecture and DesignDevelopmentEconomic DevelopmentEntertainmentFeaturesFinanceIndustry ContentLeasingMixed-usePower centersRetailersVideosWebinar

Webinar: From Roadblocks to Results: Making Mixed-Use Work in Today’s Market

by Sarah Daniels

The September 17 Shopping Center Business webinar “From Roadblocks to Results: Making Mixed-Use Work in Today’s Market,” hosted by Shopping Center Business and sponsored by KTGY, focused on some of the most dynamic and challenging sectors of retail real estate today: mixed-use developments.  The panelists covered strategies to make these projects work, including the importance of early stakeholder engagement, working with property owners, municipal leaders and community members, as well as ensuring that projects align with local needs and long-term visions.  These retail experts also discussed these key topics and more: Watch this brief webinar …

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Company newsDevelopmentEntertainmentNewsTexas

The Pickle Pad Signs Four-Unit Franchise Agreement Across Four Markets 

by Abby Cox

Dallas — Dallas-based pickleball-themed entertainment venue The Pickle Pad has signed a four-unit franchise agreement across four different markets including Oak Bridge, New Jersey; Port Arthur, Texas; Hoover, Alabama; and Tampa, Florida. The company currently has seven locations under development, while preparing to open three new venues in Myrtle Beach, South Carolina; St. George, Utah; and Newport News, Virginia. While opening dates have not been announced, each location will feature multiple pickleball courts, food-and-beverage offerings, open green spaces and social and lawn games.

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Lucky Strike Bowling
Company newsEntertainmentNewsVirginia

Lucky Strike Entertainment Buys 58 Existing Locations for $306 Million 

by Abby Cox

Richmond, Va. — Richmond, Virginia-based Lucky Strike Entertainment, operator of bowling alleys and entertainment venues, has purchased 58 of its existing locations for $306 million. The deal aims to reduce annual rent obligations, while eliminating the risk of future lease inflation, say company representatives. Lucky Strike will continue to operate each of the locations after the deal closes. The transaction was financed through a $230 million bridge facility under Lucky Strike’s revolving credit line, as well as cash on hand. Spanning 16 states, the 58-property portfolio includes locations in California, …

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Trilith Live
Architecture and DesignDevelopmentEntertainmentGeorgiaNewsRestaurantsRetailers

Trilith Development to Complete 530,000-Square-Foot Live Entertainment Complex in Fayetteville, Georgia

by Abby Cox

Fayetteville, Ga. — Trilith Development plans to soon complete Trilith Live, a 530,000-square-foot live entertainment complex at the Town at Trilith, a 235-acre master-planned community in Fayetteville within south metro Atlanta. Designed to host concerts, performing arts, rehearsals, live audience productions, conventions, corporate events and banquets, Trilith Live is scheduled to open to the public by the end of the year. The project will include a 2,200-seat theater, two 25,000-square-foot sound stages (now open), multiple insert stages, a luxury cinema, production suites, meeting rooms and more than 120,000 square feet …

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PINSTACK
DevelopmentEntertainmentNewsVirginia

PINSTACK to Open 56,000-Square-Foot Entertainment Venue in Dulles, Virginia

by Abby Cox

Dulles, Va. — Dallas-based PINSTACK, a dining and entertainment destination, will open a 56,000-square-foot venue within the 424-acre mixed used development of Kincora in Dulles, roughly 32 miles west of Washington, D.C. The venue will feature a full-service restaurant and bar, bowling lanes, an arcade, rock wall, high-ropes course, interactive games and simulator technology, bumper cars and private event spaces. PINSTACK is scheduled to open in 2026.

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Malibu Jack’s North Richland Hills
DevelopmentEntertainmentNewsTexas

Five Star Parks to Open 137,000-Square-Foot Indoor Theme Park in Dallas-Fort Worth Metro

by Abby Cox

North Richland Hills, Texas — Five Star Parks will open Malibu Jack’s North Richland Hills, a 137,000-square-foot indoor theme park located in the Fort Worth suburb of North Richland Hills. The entertainment complex will feature a 30,000-square-foot go-cart track, laser tag, mini-golf and an arcade, as well as thrill rides like the Whirlpool and Twist N’ Shout roller coaster. The complex also includes a Hang Ten Patio with a self-pour beverage wall, lawn games and food options. A soft opening for the theme park is scheduled for June 16, while the …

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