A niche segment of the retail industry is exploding in popularity as cravings for togetherness climb in the wake of the pandemic. Competitive socializing, an emerging trend that combines dining and competitive games like bocce or ax-throwing, has grown by 386% since the beginning of 2021, according to a new report in Cushman & Wakefield’s The Edge magazine. The segment is grabbing the attention of landlords looking to breathe new life into underused spaces, especially in properties with large-format vacancies.
One burgeoning concept is Puttshack, a tech-driven mini-golf experience co-founded by the brothers behind Topgolf and backed in part by a $150M investment by BlackRock.The debut of Puttshack put Atlanta mixed-use development The Interlock on the map, Justin Latone, senior vice president of leasing for SJC Ventures, told Cushman &… Read the full story here. | | |