Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOOTHWYN, PA-Masquerade LLC, the parent company of Halloween Adventures and Swing Sets Direct, has leased 7,673 sf at 12 Creek Parkway, where it will establish its corporate headquarters. A partnership of Boston-based General Investment Development acquired the 31,278-sf building as part of a five-building portfolio aggregating 175,796 sf in December 2005. It also owns a sixth building in the 17-building Naamans Creek business center.

Eric Gorman and Harry McKenna of Philadelphia-based Jackson Cross Partners represented GID in the negotiations and were the sole brokers in the transaction. Gorman tells GlobeSt.com the lease has a three-year term and the rent rate is approximately $10 per sf, triple net. Masquerade takes occupancy in the building to above 85%.

Halloween Adventures is one of the country’s largest costume and masquerade retailers, according to Gorman. It has full-year Halloween Adventure Costume Super Stores in Las Vegas and Los Angeles and just opened a third on Delaware Avenue in Philadelphia. These are in addition to hundreds of units that it opens short-term in opportunistic locations nationwide prior to Halloween. Swing Sets Direct markets swing sets and other children’s outdoor equipment via the Internet and also opens stores at shopping centers under short-term, seasonal rental deals.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.