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Entertainment Retailers Expanding Nationwide
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Entertainment Retailers Expanding Nationwide Clearview Cinema Group, Inc. trades as Clearview Cinema Group at 56 locations throughout CT, NJ, NY and PA. The movie theaters, featuring six screens or less, occupy spaces of 20,000 sq.ft. to 35,000 sq.ft. in urban/downtown areas and lifestyle centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact John Hathaway, Clearview Cinema Group, Inc., 97 Main Street, Chatham, NJ 07928; 908-918-2018, Fax 908-918-9891; Web site: www.clearviewcinemas.com.
Krikorian Premiere Theatres, LLC trades as Krikorian Premiere Theatres at nine locations throughout CA. The movie theaters occupy spaces of 40,000 sq.ft. to 120,000 sq.ft. in freestanding locations, malls, entertainment, mixed-use and power centers and urban/downtown areas. Plans call for two to three openings nationwide during the coming 18 months. Typical leases run 30 years plus options. A vanilla shell and specific improvements are required. Preferred demographics include a population of 100,000 within three miles earning $50,000 as the average household income. The company will acquire land and consider build-to-suits. For more information, contact George Krikorian, Krikorian Premiere Theatres, LLC, 131 Palos Verdes Boulevard, Redondo Beach, CA 90277; 310-791-8688, Fax 310-791-1997; Email: gk@kptmovies.com; Web site: www.kptmovies.com.
Entertainment Cinemas operates nine locations throughout CT, MA and RI. The movie theaters occupy second-generation spaces of 20,000 sq.ft. to 50,000 sq.ft. in freestanding locations and malls. Growth opportunities are sought throughout the existing markets and the company is entering ME, NH and VT during the coming 18 months, with representation by National Commercial Brokers. Preferred demographics include a population of 100,000 within seven miles earning $35,000 as the average household income. The company prefers site submittals by mail or email. For more information, contact Ed Gerwig or Brian Nadler, National Commercial Brokers, 75 Second Avenue, Suite 315, Needham, MA 02494; Email: harmon@nationalcommercial.com; Web site: www.nationalcommercial.com.
Loeks Theaters, Inc. trades as Celebration Cinemas and Loeks Theaters at 10 locations throughout MI. The movie theaters occupy spaces of 35,000 sq.ft. in freestanding locations. Growth opportunities are sought nationwide during the coming 18 months. Preferred sites are anchored by restaurants. Typical leases run 10 years. Preferred demographics include a population of 60,000 within five miles earning $45,000 as the average household income. The company prefers site submittals by mail. For more information, contact J.D. Loeks, Loeks Theaters, Inc., 2121 Celebration Drive Northeast, Grand Rapids, MI 49525; Web site: www.celebrationcinemas.com. Cinemark USA, Inc. trades as Cinemark USA at 400 locations nationwide and internationally. The movie theaters occupy spaces of 30,000 sq.ft. to 80,000 sq.ft. in freestanding locations, malls, entertainment, lifestyle and power centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 15 years. For more information, contact Tom Owens, Cinemark USA, Inc., 3900 Dallas Parkway, Suite 500, Plano, TX 75093; 972-665-1000, Fax 972-665-1004; Email: towens@cinemark.com; Web site: www.cinemark.com.
Crown Theatres operates 17 locations throughout CT, FL, IL, MD, MN and NV. The movie theaters occupy spaces of 35,000 sq.ft. to 80,000 sq.ft. in malls, power centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Hal Cleveland, Crown Theatres, 64 North Main Street, South Norwalk, CT 06854; 203-846-8800, Fax 203-846-9828; Web site: www.crowntheatres.com.
Wallace Theaters operates 18 locations throughout AZ, CA, HI, MO, MT and NV. The movie theaters occupy spaces of 40,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout NJ and PA during the coming 18 months, with representation by Legend Properties, Inc. Preferred demographics include a population of 150,000 within five miles. A land area of seven acres is required. For more information, contact Alan Dinenberg, Legend Properties, Inc., 625 Ridge Pike, Suite A-107, Conshohocken, PA 19428; 610-941-4034, Fax 610-941-4038; Email: adinenberg@lpre.com; Web site: www.lpre.com.
Dave & Buster’s, Inc. trades as Dave & Buster’s at 47 locations throughout AZ, CA, CO, FL, GA, HI, IL, KS, MD, MI, NE, NY, OH, PA, RI, TN, TX and Toronto, Canada. The family-oriented entertainment centers, featuring an arcade, which also serve food and spirits, occupy spaces of 35,000 sq.ft. to 50,000 sq.ft. in freestanding locations, malls, inline spaces and lifestyle and specialty centers. Growth opportunities are sought throughout major metropolitan areas nationwide. Expansion in the Northeast is being handled by Staubach Retail Services. A land area of five acres is required. Preferred cotenants include casual restaurants, movie theaters and lifestyle retailers. Preferred demographics include a population of 500,000 within 10 miles. For more information regarding growth opportunities in the Northeast region, contact Hugh Kelly, Staubach Retail Services, Tower 49, 12 East 49th Street, New York, NY 10017; 212-418-2600, Fax 212-418-2675; Email: hugh.kelly@staubach.com. For more information regarding growth opportunities throughout major metro markets, contact Jeff Wood, Dave & Buster’s, Inc., 2481 Manana Drive, Dallas, TX 75220; 214-904-2269, Fax 214-358-8632. Malco Theaters operates 35 locations throughout AR, KY, MO, MS and TN. The movie theaters occupy spaces of 50,000 sq.ft. in freestanding locations and malls. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Michael Lightman Realty Co. For more information, contact Michael Lightman, Michael Lightman Realty Co., 5100 Poplar Avenue, Memphis, TN 38137; 901-767-5240, Fax 901-767-5241; Web site: www.malco.com.
Epic Theaters operates six locations throughout FL, NC, PA and TN. The modern, multiplex, stadium seating facility occupies spaces of 45,000 sq.ft. to 55,000 sq.ft. in freestanding locations and power centers. Plans call for six openings throughout FL, GA, NC, SC and TN during the coming 18 months, with representation by The Melby Group. Typical leases run 10 to 50 years. Preferred demographics include a population of 100,000 within the trade area earning $30,000 as the average household income. A land area of 12 acres is required. The 50-year old company will also acquire parcels. For more information, contact Craig Melby, The Melby Group, PO Box 2727, Stuart, FL 34990; 800-962-2419, Fax 772-223-6644; Email: cmelby@earthlink.net; Web site: www.themelbygroup.com.
Putting Edge Corp. trades as Putting Edge at 23 locations throughout CA, CO, FL, IL, MI, MS, NY, PA, TN, TX and in Canada. The entertainment centers, featuring indoor glow-in-the-dark miniature golf, occupy spaces of 6,000 sq.ft. in entertainment centers. Plans call for two to three openings nationwide during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred demographics include a population of 300,000 within 10 miles earning $55,000 as the average household income. Dave & Buster’s is cited as competition. For more information, contact Jerry Vanderburgh, Putting Edge Corp., 2010 Winston Park Drive, Suite 502, Oakville, ON CN L6H 6A3; 905-855-5750, Fax 905-855-5745; Email: jerry@putting-edge.com; Web site: www.putting-edge.com.
The Zone Entertainment trades as The Zone at two locations throughout Canada. The combination of bowling alleys and brewpubs occupies spaces of 30,000 sq.ft. to 50,000 sq.ft. in malls, freestanding locations and lifestyle centers. Growth opportunities are sought throughout the Western states during the coming 18 months, with representation by Nexus Realty Co. Typical leases run 10 to 20 years. For more information, contact Dale Clark, Nexus Realty Co., 285 17th Street, Suite 22, West Vancouver, Canada, V7V 3S6; 604-922-3353, Fax 604-922-6893; Email: daleclark@nexusrealtypartners.com. Sanborn Theatres, Inc. trades as The Movie Experience at seven locations throughout CA. The movie theaters occupy spaces of 48,000 sq.ft. to 60,000 sq.ft. in freestanding locations, malls, entertainment, lifestyle and outlet centers. Growth opportunities are sought throughout AZ, CA, NV and UT. Typical leases run 15 years with options. Preferred demographics include a population of 100,000 within seven miles. The 88-year-old company cites AMC and Regal Cinemas as competition. For more information, contact Gary Richardson, Sanborn Theatres, Inc., 13 Corporate Plaza, Suite 110, Newport Beach, CA 92660; 949-640-2370, Fax 949-640-7816; Web site: www.themovieexperience.com.
Rave Review Cinemas trades as Rave Motion Pictures Theater at 27 locations throughout AL, AR, FL, IL, IN, LA, MA, OH, PA and TX. The movie theaters occupy spaces of 70,000 sq.ft. to 90,000 sq.ft. in freestanding locations, malls, entertainment, lifestyle, power and specialty centers. Growth opportunities are sought nationwide during the coming 18 months. A land area of 13 to 15 acres is required. For more information, contact Peter Nelson, Rave Review Cinemas, 3333 Welborn Street, Suite 100, Dallas, TX 75219; 972-692-1620, Fax 972-692-1708; Email: information@ravemotionpictures.com; Web site: www.ravemotionpictures.com. Phoenix Theatres operates nine locations throughout FL, KS, KY, NC, SC, TN, VA and Washington, DC. The movie theaters occupy spaces of 35,000 sq.ft. to 60,000 sq.ft. in malls, freestanding locations and entertainment, lifestyle and power centers. Growth opportunities are sought nationwide during the coming 18 months with representation by NAI Daus. Typical leases run 15 years. The company will also do build-to-suits, conversions or enter a management agreement. For more information, contact Jim Samuels, NAI Daus, 3401 Enterprise Parkway, Suite 105, Cleveland, OH 44122; 216-780-8000, Fax 216-755-1300; Email: jasamuels@naidaus.com; Web site: www.phoenixtheatres.com.
Kahunaville Management trades as Kahunaville at 10 locations throughout DE, NV and OH. The tropical themed entertainment centers, featuring a restaurant and a bar, arcade center and in specific locations, a nightclub featuring musical performers, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in malls and freestanding locations. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 15 to 25 years. For more information, contact Kahunaville Management, 550 South Madison Street, Wilmington, DE 19801; 302-571-6200 Ext. 26, Fax 302-571-6212; Email: thekingkahuna@kahunaville.com; Web site: www.kahunaville.com. Champions Sports Complex operates three locations throughout FL and KY. The training centers occupy spaces of 50,000 sq.ft. to 90,000 sq.ft. in freestanding locations. Plans call for one to two openings per year throughout the southeast region. For more information, contact Dave Terry, Champions Sports Complex, 8161 Highway 100, Suite 201, Nashville, TN 37221; Email: dterry1213@comcast.net .
Kerasotes Theatres operates over 75 locations throughout IA, IL, IN, MN, MO and OH. The movie theaters occupy spaces of 40,000 sq.ft. in freestanding locations, malls, entertainment and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months, with representation by Mid-America Real Estate. For more information, contact Steve Frishman, Mid-America Real Estate, 2 Mid America Plaza, Suite 330, Oakbrook Terrace, IL 60181; 630-954-7300, Fax 630-954-7304; Email: sfrishman@midamericagrp.com.
Nickels and Dimes, Inc. trades as Tilt at 150 locations nationwide. The family entertainment centers occupy spaces of 1,500 sq.ft. to 30,000 sq.ft. in malls, festival marketplaces and lifestyle centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five to 10 years plus options. For more information, contact Ron Kostelny, Nickels and Dimes, Inc., 4534 Old Denton Road, Carrollton, TX 75010; 972-939-4200. |