PREIT and Tilt to Rekindle the Amusement Experience of Willow Grove Park

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Paying homage to its roots as an amusement park, Willow Grove Park is set to welcome Fun at Full Blast with Tilted 10

PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric properties, today announced Tilted 10 and Tilt Studio by Nickels and Dimes Incorporated, an action-packed bi-level 104,000 square foot indoor family entertainment center, will join the lineup at Willow Grove Park in 2022. Tilted 10 will occupy the former JCPenney site – the latest step in PREIT’s strategy to expand the offerings at Willow Grove Park to meet the changing needs of today’s consumer.

Its first location in the Philadelphia region, Tilted 10 and Tilt Studio by Nickels and Dimes Incorporated will feature a restaurant with a chef-inspired menu; premier bowling lanes; multi-level laser tag arena; black light mini golf; bumper cars; virtual reality; Pinball Alley; over 200 games and attractions; and a redemption center with hundreds of prizes worth winning. Kids of all ages will love the fully charged fun and games atmosphere with over 200 games and attractions for all skill levels, including Pinball Alley, home to current and classic pinball games.

Given the property’s history as a former amusement park, it is no surprise that area residents, including 335,000 families, spend 15 percent more time playing arcade and video games than the average American. As Willow Grove Park returns to its roots, it now brings a new entertainment destination for evenings and weekends that appeals to families.  PREIT is focused on taking Willow Grove Park into the next phase of its evolution, which is set to include new dimensions, including entertainment, enhanced retail and apartments, creating a true central hub for the community.

With Fun Centers across the country, Tilted 10 and Tilt Studio by Nickels and Dimes Incorporated has a well-known reputation for its unique birthday party and celebration experiences. “Our team really knows how to entertain and amaze,” says Tilt Studio President Ron Kostelny. “We throw a great party, and we believe that the region is going to respond very positively. Our party experts will lead you down a path of non-stop smiles. We are thrilled to expand the Tilt Studios footprint to yet another PREIT property and create great family memories at Willow Grove.”

This latest addition is part of PREIT’s continued, strategic effort to curate customized, ever-evolving properties that drive success for its tenants and meaningfully impact their communities. Replacing department stores and introducing new uses have been key parts of PREIT’s forward-thinking strategy at Willow Grove Park for years, including several thoughtful moves designed to meet the needs of today’s consumer, including the additions of The Cheesecake Factory, Apple, Yard House, Nordstrom Rack and Primark, among others. These tenants join one of only two Bloomingdale’s stores in the region.

“PREIT continues to lead the charge in proactively transforming our properties to create sought-after community centerpieces that serve a multitude of purposes,” said Joseph F. Coradino, CEO of PREIT. “Tilt is a trusted partner across our portfolio, and we’re excited to bring this unique entertainment experience to the Philadelphia region.”

Tilted 10 and Tilt Studio by Nickels and Dimes Incorporated will host a Grand Opening celebration with a Golden Ticket Contest and a Grand Prize winner. Golden Ticket Winners will automatically be entered to win the Golden Ticket Grand Prize.

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