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Harkins-BackLot-Shops-at-Norterra-Phoenix
ArizonaDevelopmentEntertainmentLeasingNews

Harkins Theatres to Develop 32,000-Square-Foot Entertainment Center in Phoenix

by Hayden Spiess

Phoenix — Harkins Theatres has announced plans for the development of Harkins BackLot, a 32,000-square-foot entertainment center at The Shops at Norterra in Phoenix. The new concept is inspired by movie studio backlots and will feature a full-service restaurant and bar, sports viewing arena, an arcade, bowling with digitally animated and enhanced lanes, an outdoor patio with yard games and a private event space with party and corporate event rooms. The opening is scheduled for 2024, with more locations to follow. Eric Termansen of Western Retail Advisors represented Harkins in …

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6959-East-21st-Street-Wichita-Kan
EntertainmentInvestment salesKansasNews

FunCity Adventure Park Acquires 52,259-Square-Foot Building in Wichita, Kansas

by Hayden Spiess

Wichita, Kan. — FunCity Adventure Park has purchased a property comprising a 5.6-acre site and 52,259-square-foot building in Wichita. Sports Authority formerly occupied the building. Don Mace of KeyPoint Partners consulted on the sale on behalf of FunCity, which currently operates 18 locations throughout the country, with additional sites under construction.

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Peppa-Pig-North-Richland-Hills
DevelopmentEntertainmentNewsTexas

Merlin Entertainments to Open Peppa Pig Theme Park in Dallas-Fort Worth Metro

by Hayden Spiess

North Richland Hills, Texas — Merlin Entertainments, an operator based in the United Kingdom, will open a theme park in North Richland Hills, a suburb of Fort Worth, dedicated to children’s entertainment character Peppa Pig. The size of the park, which will feature multiple rides, interactive attractions, themed playscapes and shows, was not disclosed. The location, which is next to the NRH2O Family Water Park, formerly housed Mountasia Family Fun Center. The opening is slated for 2024. Merlin Entertainments, which operates facilities for concepts including Legoland and Sea Life Aquariums, …

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Nerf-Action-Xperience
Company newsEntertainmentLeasingNew JerseyNews

Kingsmen, Good Vibrations to Open Indoor Entertainment Centers Totaling 56,000 Square Feet in Metro New York City

by Hayden Spiess

 Paramus, N.J. — Kingsmen Xperience, a subsidiary of Kingsmen Creatives Ltd., and Good Vibrations will open two branded location-based entertainment (LBE) attractions totaling 56,000 square feet at Westfield Garden State Plaza in Paramus, roughly 25 miles northwest of New York City. Both attractions, Nerf Action Xperience and Planet Playskool, will open later this year and feature immersive activities, retail stores and food and beverage areas. The Nerf attraction will comprise 36,000 square feet, with Planet Playskool occupying 20,000 square feet. These openings mark the beginning of a strategic partnership between …

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LEGO Discovery Center
EntertainmentLeasingNewsVirginia

LEGO Discovery Center to Open Next Year at Springfield Town Center in Metro Washington, D.C.

by Hayden Spiess

Springfield, Va. — A 32,000-square-foot LEGO Discovery Center is scheduled to open next summer at Springfield Town Center in Springfield. Designed for families with children ages 2 to 12, the Discovery Center will feature interactive activities, workshops and play. Experiences will include a digital “Space Mission,” wherein children and families can build — and then digitally scan and fly — space rockets. Offerings will also include a preschool-focused LEGO DUPLO area tailored to younger children. Of the addition of the LEGO location to Springfield Town Center, Joseph Coradino of the …

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Josh Williams retail leasing, development and sales activity
DevelopmentEconomic DevelopmentEntertainmentFeaturesFinanceIndustry ContentInvestment salesLeasingRetail Insight

Physical Retail Focuses on Quality, Customers

by Sarah Daniels

Josh Williams, senior vice president and director of investments out of Cullinan Properties’ Houston office, has been closely monitoring the leasing, development and sales activity for brick and mortar since our national emergence from the pandemic began. Below are the trends he sees, and where he believes this market is headed. Retail Insight: What would you say is the overarching trend in retail real estate right now? Williams: As we emerge from the pandemic, we are seeing a wide variety of retail assets returning to pre-2020 activity levels, all with one overarching …

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Downtown Murrieta
DevelopmentEconomic DevelopmentEntertainmentFeaturesIndustry ContentRetail Insight

City of Murrieta Fosters Retail Growth, Especially in Experiential Sectors

by Sarah Daniels

The city of Murrieta is a city on the grow — and for this area, the process of developing means expanding and deepening retail offerings, many of which are in the realm of experiential retail. The city is seeking to make a name for itself as it expands its offering for its residents and attracts visitors interested in family friendly fun, dining experiences and resorts that cater to relaxation. Located in Southwest Riverside County between Los Angeles and San Diego, Murrieta has a population of more than 118,000. The city …

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EntertainmentFloridaNews

Merlin Entertainments, Hasbro to Build Peppa Pig Theme Park in Central Florida

by Katie Sloan

Winter Haven, Fla. — Merlin Entertainments and Hasbro have partnered to build the world’s first standalone Peppa Pig Theme Park. Situated within LEGOLAND Florida Resort in Winter Haven, the new park is expected to open in 2022. Merlin has an exclusive multi-territory licensing agreement with Hasbro, owner of the Peppa Pig brand, to build and operate the attractions, which are targeted at the preschool market. Peppa Pig Theme Park will feature multiple rides, interactive attractions, themed playscapes and water play areas with live daily shows. Ride and attraction details for the new …

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DevelopmentEntertainmentNewsPennsylvania

CBL Properties Opens $150 Million Live Casino Pittsburgh Destination at Westmoreland Mall

by Alex Tostado

Pittsburgh — CBL Properties, a Tennessee-based retail REIT, has debuted Live! Casino Pittsburgh, a $150 million entertainment destination that operates out of the company’s Westmoreland Mall in metro Pittsburgh. The Cordish Cos. of Baltimore developed the 100,000-square-foot casino and will operate it under its Live! brand, which is known for baseball-themed entertainment destinations in Atlanta; St. Louis; and Arlington, Texas. The two-level destination replaces a former Bon-Ton department store and offers an array of entertainment and fresh dining concepts, including American Kitchen + Craft Bar from celebrity chef Guy Fieri. …

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ColoradoCompany newsEntertainmentNews

Punch Bowl Social Files for Chapter 11 Bankruptcy

by Alex Tostado

Denver — Punch Bowl Social has filed for voluntary Chapter 11 bankruptcy through the U.S. Bankruptcy Court for the District of Delaware. The Denver-based “eatertainment” concept has closed all but three of its locations due to the COVID-19 pandemic. The venues in Austin, Texas; Arlington, Virginia; and Atlanta remain open. In summer 2019, Cracker Barrel invested $140 million in Punch Bowl Social. According to multiple media reports, the restaurant chain chose during the pandemic to not invest any further in Punch Bowl Social, instead focusing on its own business.

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