Press Releases
Marcus & Millichap Facilitates Sale of Urban Air Adventure Park in Hudson Oaks, Texas
February 04, 2025
HUDSON OAKS, Texas, Feb. 4, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 2010 Cinema Drive, a 2019 built-to-suit Urban Air Adventure Park facility, in Hudson Oaks, Texas.
“This was an attractive opportunity for investors, given the property’s close proximity to the growing Dallas-Fort Worth Metroplex,” said Alex Sacks, senior associate. “Furthermore, the property is positioned just off Interstate 20 and surrounded by reputable school districts, Aledo and Weatherford ISDs, which were major selling points given the tenant’s business.”
Sacks, Brett Rodgers and Frank Roti, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, T&J Realty Holdings LLC. Tim Speck is Marcus & Millichap’s broker of record in Texas.
Urban Air Adventure Park is operating under a new long-term, triple-net lease at the 35,000-square-foot property. Urban Air, a leader in family entertainment, welcomes approximately 23 million guests each year at its nearly 300 locations in the U.S. and abroad. The property spans 3.63 acres off Interstate 20 and is near several national retailers, including Walmart Supercenter, McDonald's, and Starbucks.
“This was an attractive opportunity for investors, given the property’s close proximity to the growing Dallas-Fort Worth Metroplex,” said Alex Sacks, senior associate. “Furthermore, the property is positioned just off Interstate 20 and surrounded by reputable school districts, Aledo and Weatherford ISDs, which were major selling points given the tenant’s business.”
Sacks, Brett Rodgers and Frank Roti, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, T&J Realty Holdings LLC. Tim Speck is Marcus & Millichap’s broker of record in Texas.
Urban Air Adventure Park is operating under a new long-term, triple-net lease at the 35,000-square-foot property. Urban Air, a leader in family entertainment, welcomes approximately 23 million guests each year at its nearly 300 locations in the U.S. and abroad. The property spans 3.63 acres off Interstate 20 and is near several national retailers, including Walmart Supercenter, McDonald's, and Starbucks.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
