{"id":1004663630,"date":"2023-05-18T05:33:59","date_gmt":"2023-05-18T13:33:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004663630"},"modified":"2023-05-18T05:34:00","modified_gmt":"2023-05-18T13:34:00","slug":"dave-busters-inks-inland-empire-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dave-busters-inks-inland-empire-lease\/","title":{"rendered":"Dave & Buster\u2019s Inks Inland Empire Lease"},"content":{"rendered":"
\"The<\/a>

The River at Rancho Mirage. Image courtesy of CBRE<\/em><\/p><\/div>\n

Dave & Buster\u2019s <\/strong>has signed a 22,982-square-foot lease at CL Investment Group<\/strong>\u2019s The River at Rancho Mirage, a 227,000-square-foot retail property in Rancho Mirage, Calif. CBRE<\/strong> brokered the transaction. The restaurant will be inaugurated at the location in the third quarter of this year.<\/p>\n

According to a recent CBRE report<\/a>, the retail rent growth in the first quarter of this year continued to surpass the 10-year average, with a year-over-year increase of 2 percent, driven by the neighborhood, community and strip center segment. While power center rents remained stable, rents for lifestyle centers and malls experienced a decline.<\/p>\n

A Riverside County retail property<\/h2>\n

The lifestyle and entertainment center<\/a> came online in 2001 at 71800 Highway 111, in an area where the daily car traffic amounts to more than 67,500 vehicles. CL Investment Group picked up the Riverside County asset in 2014 for $65 million, according to CommercialEdge data.<\/p>\n

The River at Rancho Mirage encompasses a 1,100-foot river water feature, public sitting areas, walkways and a 100-seat outdoor amphitheater. Additionally, the retail center encompasses 20,000 square feet of office space.<\/p>\n

Century Theatre, The Cheesecake Factory, P.F. Chang\u2019s and Yard House are the property\u2019s anchor tenants. Verizon, Tesla, Starbucks, Bath & Body Works and Ben & Jerry\u2019s also have leases at the shopping center, the same data provider shows.<\/p>\n

CBRE Vice President Marco Rossetti and Senior Vice President Walter Pagel represented the landlord in the lease signing, while Senior Vice President Scott Riddles, First Vice President Derek Fitch and Senior Associate Rob Crumly brokered the deal on behalf of Dave & Buster’s.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 22,982-square-foot restaurant will open later this year. <\/p>\n","protected":false},"author":3030,"featured_media":1004663634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,34027,21742,21749,15],"tags":[32789,32891],"class_list":["post-1004663630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-inland-empire","category-latest","category-retail","category-west","tag-cbre","tag-dave-busters"],"acf":[],"yoast_head":"\nDave & Buster\u2019s Inks Inland Empire Lease - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Dave & Buster\u2019s has signed a 22,982-square-foot lease at CL Investment Group\u2019s retail property in Rancho Mirage, Calif.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dave-busters-inks-inland-empire-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dave & Buster\u2019s Inks Inland Empire Lease\" \/>\n<meta property=\"og:description\" content=\"Dave & Buster\u2019s has signed a 22,982-square-foot lease at CL Investment Group\u2019s retail property in Rancho Mirage, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dave-busters-inks-inland-empire-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-18T13:33:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-18T13:34:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/The-River-at-Rancho-Mirage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1820\" \/>\n\t<meta property=\"og:image:height\" content=\"1364\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Raluca Toma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dave-busters-inks-inland-empire-lease\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dave-busters-inks-inland-empire-lease\\\/\"},\"author\":{\"name\":\"Raluca Toma\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1e908d9381f3929d1d57f95e4db8c529\"},\"headline\":\"Dave & Buster\u2019s Inks Inland Empire Lease\",\"datePublished\":\"2023-05-18T13:33:59+00:00\",\"dateModified\":\"2023-05-18T13:34:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dave-busters-inks-inland-empire-lease\\\/\"},\"wordCount\":283,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dave-busters-inks-inland-empire-lease\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/05\\\/The-River-at-Rancho-Mirage.jpg\",\"keywords\":[\"CBRE\",\"Dave & Buster's\"],\"articleSection\":[\"Brokerage\",\"Inland Empire\",\"News\",\"Retail\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dave-busters-inks-inland-empire-lease\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dave-busters-inks-inland-empire-lease\\\/\",\"name\":\"Dave & Buster\u2019s Inks Inland Empire Lease - 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