Venture Commercial Real Estate announced it has completed two new deals in Round Rock and San Antonio for LA Fitness, as the sports club chain continues it expansion into Central Texas.
In Round Rock, LA Fitness has signed a lease and is expected to begin construction in September on a 35,000-square-foot facility in a new development located at the southwest corner of Highway 620 and O’Connor Drive. In San Antonio, LA Fitness has purchased a five-acre land tract in the Military Crossing shopping center, located at Loop 410 and Military Drive. Construction has begun on a 45,000-square-foot club in the second phase of this development, where LA Fitness will join other tenants Academy Sports + Outdoors, Staples and Chase Bank.
John Zikos, Jonathan Cooper, and Chris Booras of Venture Commercial represented LA Fitness in both deals, working with Walt Brown, Jr. and Tim Dollander of Diversified Partners, master brokers for LA Fitness in the Southern U.S.
“These two latest deals mark a continued aggressive expansion for LA Fitness into Central Texas, and we look forward to helping them secure more locations in this rapidly growing market,” said Zikos.
The landlord on the Round Rock lease, Barclay Real Estate Services, LLC, was self-represented. Whit Jordan and Thomas Tyng of REATA Real Estate Services represented the landlord in the San Antonio sale.
Founded in 1984, LA Fitness is one of the fastest growing health club chains in the U.S. and presently has more than 500 locations in 24 states and Canada.
Press Release. Dallas, Texas. Written by Sherry Yeaman of Venture Commercial.