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Boston & New England  + New England  + Retail  |  July 16, 2020
David Cohen
By: David Cohen

Marcus & Millichap Brokers $7M Sale of Indoor Adventure Park in Connecticut

Marcus & Millichap has arranged the $7.2 million sale of Urban Air Adventure Park, an 84,200-square-foot, net-leased retail property located in Orange, CT.

Located at 260 Bull Hill Lane, the eight-acre property is occupied by Urban Air Adventure Park, an experience-based retailer offering active entertainment and special events experiences. The park offers climbing walls, obstacle courses, trampolines, zip line coasters, virtual reality experiences, indoor go karts, indoor skydiving, laser tag and bumper cars.

Brian Kaplan of Marcus & Millichap’s New Jersey office represented the buyer, a limited liability company. Derrick Dougherty and Mark Krantz of Marcus & Millichap’s Philadelphia office represented the sellers, Gary Richetelli and Paul Kaplan of Bull Hill Associates.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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