News
Working Out a Deal
February 14, 2011
| For most gyms, the term "backfill" is when it helps you go from a size 12 to a size 8. Just Fitness 4 U prefers the real estate defintion, and it did some backfilling at four empty big boxes, with plans for 20 additional sites. |
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| Not quite in their yoga gear but ready to deal at the Just Fitness 4 U in Casa Linda are The Weitzman Group brokers Perren Gasc, Marc Marrocco, and Beau Barkerding. The trio is repping Just Fitness 4 U on its marketwide expansion. Marc tells us landlords were ecstatic to find a 20k SF user to backfill their boxes and vacated gyms. That allowed Just Fitness to secure excellent long-term lease structures. Marc says Just Fitness operates locations in key markets such asAtlanta and Salt Lake City. The four deals include a 20k SF junior anchor in Mayfair Village at 500 Grapevine Hwy in Hurst; a 21k SFjunior anchor in Casa Linda Plaza at Buckner Boulevard and Garland Road in East Dallas; a 17k SF junior anchor in Hebron Heights at Hebron Parkway and Old Denton Road; and a 24k SF freestanding building at 2524 North Galloway in Mesquite. |
