As GlobeSt.compreviously reported, the dispositions were part of a nine-parkportfolio Six Flags put up for sale last year.

The acquired parks include a 978-acre combination theme andwater park resort with 43 rides in Darien Lake in Buffalo; a62-acre combination theme and water park with 53 rides in ElitchGardens, CO; Frontier City, a 113-acre western theme park with 34rides in Oklahoma City; White Water Bay, a 21-acre tropical themedwater park in Oklahoma City; Splashtown, a 53-acre water park with13 water rides in Houston; Waterworld, a 23-acre water park withmore than 20 rides in Concord, CA; and Wild Waves & EnchantedVillage, a 67-acre combination theme and water park with 55 ridesin Seattle.

In an earlier article Parc Management's CEO Randal Drew toldGlobeSt.com, the company plans to realign the operational strategyof the parks to focus on regional markets. "These are notableproperties and we believe our business processes aimed at guestsafety and satisfaction will help make them even more attractiveregional family entertainment destinations in the years to come,"he says. Parc Management is an affiliate of Parc 7F-Operations.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.