Urban Air Adventure Park signs highest number of leases
Urban Air Adventure Park has celebrated the signing of eight leases in August, its largest lease signing month in the past two years. In 2022, the brand has already signed 33 new leases across the country, with an additional pipeline of 35 new locations in various stages of lease negotiations.
Urban Air Adventure Park is the largest indoor adventure park operator in the world, and part of the youth enrichment growth-focused platform Unleashed Brands. Urban Air is the largest indoor adventure park operator in the world with over 20 different attractions such as intense ropes courses, Urban Air’s Sky Rider, Battle Beams, laser tag, dodgeball courts, electric Go-Karting, obstacle courses and more. Every park also offers an easy-to-execute, state-of-the-art, fast-casual café.
Unleashed Brands has substantial development resources and an in-house team to assist franchisees with site selection, lease agreements and construction. The team looks for buildings that are 40,000 – 50,000 square feet with 18-foot clear heights, which is ideal for Urban Air build-outs.
New park locations signed in August alone include Alpharetta, GA; Normal and Burbank, IL; Covington, LA; Largo, MD; Lawrenceville, NJ; Gainesville, VA and Vancouver, WA. In addition to the new leases, two sites have also been acquired for ground-up development. Most of the sites are buildings that will be converted into Urban Air parks, totalling more than 1.2 million square feet of new leased space across the US. This adds to Urban Air’s cumulative footprint of more than 12 million square feet of commercial real estate.
Josh Wall, brands chief growth officer, said: “We are seeing tremendous real estate opportunities for our franchisees with the market right now and we are excited about the momentum for the brand as it enters new cities.”
This year, Urban Air ranked as the No. 1 entertainment franchise in Entrepreneur Magazine’s Annual Franchise 500 list, the world’s first, best and most comprehensive franchise.