Adelaide, 29 September 2015 – Trampoline park operator Latitude has made its foray into the Adelaide market, opening its second Australian outlet at Greenacres in the city’s north-east.
Located at the former Sam’s Warehouse premise at 3-15 Fosters Road, Latitude’s newest integrated trampoline and climbing park will comprise trampoline free jump areas, dodgeball, basketball lanes, climbing areas, slack lines and battle beams, obstacle courses and children’s areas – across 3,211sqm.
CBRE Large Format Retail Manager Dallas Sears negotiated the five-year deal on behalf of The Warehouse Greenacres Joint Venture. The asking rental was $175 per square metre net.
Ms Sears said the new Latitude park would help revitalise the space, which had been vacant since Sam’s Warehouse’s departure in 2014.
“The arrival of Latitude into Greenacres is a significant boon for the area, with the new park set to be a major attraction attracting surrounding residents, families and visitors,” Ms Sears said.
“Latitude was eager to take advantage of this modern property, which provided the space and flexibility to be customised for this unique fitout.”
Latitude is Australia’s first integrated trampoline and climbing park in Australia, featuring more than 100 integrated trampolines, a massive air bag, basketball lanes, obstacle course, climbing zone, dodgeball arena and dedicated kids’ zone.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.