NAI Horizon inks long-term leases for trio of Planet Fitness locations
PHOENIX, ARIZONA (August 28, 2017): NAI Horizon has negotiated long-term leases totaling $8.749 million for Planet Fitness locations in Tempe, Phoenix, and Peoria.
The NAI Retail Properties team of Senior Vice Presidents Shelby Tworek, Chris Gerow and Gabe Ortega and Associate Patrick Anthon represented the tenant, JEG-FIT, in the trio of transactions.
The team has negotiated additional long-term leases for other Planet Fitness locations this past year in Phoenix, Surprise, Queen Creek, Gilbert, and Maricopa.
“Planet Fitness has a great business model that caters to a broad range of demographics and with that model in place we were able to solidify a few transactions in areas of the Valley that are underserved,” Tworek said.
The three recent deals:
- At Greenway Park Plaza, 3202 E. Greenway, Rd., Phoenix, 22,888 square feet, $3.776 million;
- At Tempe Village Shopping Center, 1405 W. Southern Ave., Tempe, 22,664 SF, $2.941 million;
- At Fletcher Heights Marketplace, 20713 N. 83rd Ave., Peoria, 22,899 SF, $2.031 million.
Planet Fitness continues to actively look for additional sites in Metro Phoenix.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to 400 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide.
NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit: www.naiglobal.com.