CBRE Announces Dave & Buster’s Inks Lease at The River at Rancho Mirage

First location for the restaurant and entertainment chain in Coachella Valley to open in in the third quarter of 2023

CBRE announced Dave & Buster’s has signed a 22,982-square-foot lease at The River at Rancho Mirage, a premier retail shopping center in Rancho Mirage, California, and will open the location in the third quarter of 2023.

CBRE’s Marco Rossetti and Walter Pagel represent the landlord, CL Investment Group. CBRE’s Scott Riddles, Derek Fitch and Rob Crumly represented Dave & Busters.

Located at 71800 Highway 11 at the intersection of Bob Hope Drive in Riverside County, The River is a 227,000-square-foot premier lifestyle and entertainment center that serves as a shopping, dining and entertainment hub for the Rancho Mirage community. The intersection attracts over 67,500 daily. In addition, the property is centrally located within the Coachella Valley, an area that attracts an estimated 3.1 million visitors annually.

“The River’s award-winning design creates a one-of-a-kind ambiance in the heart of the Coachella Valley,” said Marco Rossetti, Vice President with CBRE. “Dave & Buster’s will bring in a different demographic than the typical retail shopper at The River.”

The River features a 1,100-foot, 1.7 million gallon “river” water feature, public sitting areas and walkways, and a 100-seat outdoor amphitheater. The River’s anchor tenants include a 15-screen, stadium-style Century Theatre cinema and seven full-service restaurants, including The Cheesecake Factory, P.F. Chang’s, and Yard House. In addition, The River has approximately 20,000 square feet of premium office space.

“Activity in the desert has significantly ramped up filling the community with patrons drawn to sports and entertainment. Dave & Buster’s will be a fantastic addition to The River, serving the corporate client, the vacationer, and the strong residential community within the desert,” said Walter Pagel, Senior Vice President with CBRE.

The Coachella Valley attracts various annual events, including the Coachella Valley Music & Arts Festival, Palm Springs International Film Festival, BNP Paribas Open, and Stagecoach Music Festival. The area has over 1,900 hotel rooms nearby including the Ritz Carlton, Westin Mission Hills and Marriott Rancho Las Palmas.