Simplicity Esports and Gaming Company has acquired the assets of a gaming center previously owned by a PLAYlive Nation franchisee in Vancouver, Wash. In the process, it signed a percentage rent lease.
Simplicity Esports also owns and operates 13 Esports gaming centers and is the franchisor for more than 20. It owns eight on the West Coast. The Vancouver location initially opened in 2013 and has a database of over 17,000 unique customers. It is expected to reopen in mid-April.
Expect Simplicity Esports to remain an active acquirer of gaming centers.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
