Main Event Entertainment Purchases 6.4 Acres at Tempe’s Emerald Center
TEMPE, AZ – January 10, 2012 – (RealEstateRama) — Main Event Entertainment purchased a 6.4 acre retail site in Tempe for $2.05M and will construct a new 57,000 SF indoor entertainment venue. The property is located in Emerald Center near Interstate 10 and Warner Road in Tempe adjacent to IKEA and Dick’s Sporting Goods.
Headquartered in Plano, Texas, this will be Main Event’s fi rst building outside of Texas where they have 12 locations. Construction is expected to start in the second quarter of 2013. The freestanding building will be located at the NE corner of Emerald and Commerce drives and will have over 400 parking spaces. It lies directly south of a future 74,000 SF retail showroom called Furniture Row that is being planned for 2014. Furniture Row purchased the site in 2011 and the two new buildings will share common parking and easements.
Main Event Entertainment will attract indoor corporate and family events and offers bowling, billiards, laser tag, glow golf, rock climbing, gravity ropes, arcade games along with food and beverage services.
Dan Gardiner and Greg Laing of Phoenix Commercial Advisors represented Main Event Entertainment in the site selection process while Rick Robertson and Chris McClurg of Lee and Associates Arizona represented the seller, First National Bank of Hutchinson, KS in the acquisition.
The new building was approved for a use permit by the City of Tempe in June 2012 and is being designed by Hunter Engineering.
About Main Event Entertainment
The Dallas-based company that was founded in 1998 and currently operates high volume family entertainment centers throughout Texas. Main Event Entertainment, LP operates as a subsidiary within Ardent Leisure Group of Australia. Main Event family entertainment centers house 45,000-75,000 square feet of high quality recreational bowling, billiards, laser tag, a unique selection of interactive games, a tempting array of quality food and beverage, as well as complimentary Wi-Fi and fl exible meeting and event space with VIP accommodations for corporate meetings or group gatherings. For more information, visit www.maineventusa.com.
About Lee & Associates Arizona
Lee & Associates Arizona specializes in providing exceptional commercial brokerage services to the industrial, offi ce, land and investment sectors of the Phoenix commercial real estate market. The Phoenix offi ce was established in 1991 and is now recognized as one of the most successful brokerage fi rms in the state. Each of the 46 nationwide Lee & Associates offi ces has a strong local ownership combined with a powerful platform from the national Lee & Associates network.
Contact:
Matt DePinto
Senior Research Analyst
Public Media Relations
ph: 602.474.9512
mdepinto (at) leearizona (dot) com
www.leearizona.com
