Raleigh, NC
CBRE Arranges Two New Leases for ParTee Shack in Raleigh, North Carolina
The experiential entertainment concept now has four locations in the state
July 22, 2024

CBRE has arranged two new leases for ParTee Shack, a miniature golf-centric entertainment concept, both in Raleigh, North Carolina. The experiential retail concept has leased 19,590 square feet at Celebration at Six Forks and approximately 17,000 sq. ft. at Capital Marketplace. These new locations will bring ParTee Shack’s total count in Raleigh to three.
Jon Stanley of CBRE in Raleigh represented the tenant in both transactions. Charlie Coyne of CBRE represented the landlord in the Capital Marketplace deal, Finmarc Management, while Tiffany Barrier, also of CBRE in Raleigh, represented the landlord in the Celebration at Six Forks deal, FCA Partners.
“ParTee Shack is a best-in-class entertainment operator, and we couldn’t be more excited to help them continue to grow their presence in the Carolinas,” said Mr. Stanley, Senior Vice President with CBRE. “This is a huge win for the North Raleigh community.”
Founded in 2020, Partee Shack opened its first location in Raleigh in 2021 and has quickly expanded into three Raleigh locations and a location in Greensboro. Further expansion is also being planned for South Carolina. ParTee Shack’s vision is for each facility to be unique in its entertainment experience offerings. The concept’s current and future entertainment offerings in North Carolina include miniature golf, go-karts, tactical laser tag, arcade and virtual reality games, food, adult beverages, and more.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.