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Retail Showcase
Focus - Entertainment Tenants
Contributing writers: Janet Heller and Claudette Lumpkins
Tilt
Parent Company: Nickels & Dimes Inc.
Concept: Arcades
# of Units: 185
Existing Markets: Nationwide, Australia
Expansion Plans: The company plans to open 10 stores in the coming 18 months. Expansion will take place in the existing markets. Spaces of 1,500 sq.ft. to 40,000 sq.ft. are sought in malls and festival market places. Leases running 10 to 15 years with options are typical.
Contact Information: Ron Kostelny, Nickels & Dimes, Inc., 4534 Old Denton Road, Carrollton, TX 75010; 972-492-3262, Fax 972-492-5705.
Boston Billiards Club
Parent Company: Boston Billiards Club
Concept: Upscale billiards hall, bar, light food
# of Units: 6
Existing Markets: CT, MA, NH
Expansion Plans: The company is looking for growth opportunities in New England, NY and the New York City metropolitan area. Spaces of approximately 15,000 sq.ft. are sought in entertainment centers, freestanding facilities, urban/downtown areas, and mixed-use projects. Boston Billiards likes to locate near movie theaters and theme restaurants. Preferred demographics include a population of 100,000 within three miles earning an average income of $50,000. The company looks for a vanilla shell and a minimum of 150 parking spaces.
Contact Information: Mike Shanahan, c/o Michael Antkies Real Estate, 29 Sugar Hollow Road, Danbury, CT 06810; 203-798-7766, ext. 313, Fax 203-798-6340; e-mail:
mshanahan@antkies.com.
Aladdin’s Castle, Cyber Station, Timeout, Diamond Jim’s, Spaceport, Wonderpark
Parent Company: Namco Cybertainment, Inc.
Concept: Game rooms, amusements, rides, themed family entertainment centers
# of Units: 290
Existing Markets: Nationwide and Puerto Rico
Expansion Plans: The company plans to open 20 game rooms and up to 10 themed family entertainment centers in the coming 18 months. Expansion will take place in the existing markets. Spaces of 2,000 sq.ft. to 20,000 sq.ft. are sought in malls and entertainment centers. Leases running five years with five-year options are typical and the company prefers a vanilla shell.
Contact Information: Kenneth Green, Namco Cybertainment, Inc., 877 Supreme Drive, Bensenville, IL 60106; 630-238-2220, Fax 630-238-0560.
Carmike Cinemas
Parent Company: Carmike Cinemas Inc.
Concept: Cinema
# of Units: 485
Existing Markets: Nationwide (36 states)
Expansion Plans: Growth opportunities are sought nationwide. Spaces of at least 40,000 sq.ft., on six to ten acres, are sought in freestanding facilities and malls. Preferred demographics include a population of 75,000 residing within five miles earning an average income of $35,000. Leases running 15 years are typical
Contact Information: Lamar Fields, Carmike Cinemas Inc., 1301 First Avenue, Columbus, GA 31901-2109; 706-576-3400/3435, Fax 706-576-3433.
Nickel World
Parent Company: Nickel World
Concept: Family recreation center with video games and games of skill
# of Units: 2
Existing Markets: IL, OH
Expansion Plans: The company plans to open two to three locations in the coming 18 months. Expansion will take place in Southern California. Spaces of 5,000 sq.ft. to 8,000 sq.ft. are sought in freestanding facilities, mixed-use centers and strip centers. Preferred demographics include a population of 150,000 within three miles.
Contact Information: Gary Mahler, c/o Mahler & Company, PO Box 1379, Beverly Hills, CA 90213; 310-288-0055, Fax 310-288-0065.
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