Chartwell Real Estate to acquire Balboa Fun Zone from Discovery Cube.

Chartwell Real Estate, a real estate investment and development firm, agreed to acquire Balboa Fun Zone, an amusement park, from Discovery Cube, a museum operator. Financial terms were not disclosed. "Selling the Fun Zone was a difficult decision for the museum, but we were fortunate to partner with Chartwell and the Pyle family who value the historic elements of the Fun Zone and are focused on bringing new life to this iconic local landmark," Joe Adams, CEO Discovery Cube.