A New Entertainment Venue is Coming to The Shops at Skyview in Queens, N.Y.
Newmark Retail has announced that it has secured an 80,300-sq.-ft. lease for Round1 Bowling & Arcade, marking the first New York City location for the subsidiary of the Japan-based amusement chain Round1. According to Newmark Research, the transaction is the largest new retail lease transaction to close in New York City so far this year.
At Round1, visitors can enjoy a plethora of arcade games as well as bowling, billiards, ping-pong, and more. The chain also offers spaces for parties. As of November 2024, Round1 operated 100 locations in Japan, 54 in the United States and four in China.
Newmark executive managing director David Friedman and managing director Andrew Stern facilitated the lease transaction on behalf of the tenant.
“The closing of this transaction is a testament to the power of commitment and partnership, two components that continued to drive this deal forward over the last two years,” said Friedman. “We congratulate Round1 on the impending opening of their first NYC location and look forward to our continued partnership as we seek to realize their goal of national expansion.”
The Shops at Skyview is a 700,000-sq.-ft. shopping destination in Flushing, Queens, and is owned and managed by Blackstone subsidiary, ShopCore Properties.
This press release originally appeared in Chain Store Age. Click here to view the original press release.