Colliers International Group Inc.

11/05/2019 | Press release | Distributed by Public on 11/05/2019 17:11

New Planet Fitness coming to Greer Plaza shopping center on Wade Hampton Boulevard

Greenville, SC - Colliers International's Scott Burgess, Lance Byars and Hector Mendoza represented the landlord, Tate Capital, in the lease of ±20,307 square feet located at 805 Wade Hampton Boulevard in Greer, SC to Planet Fitness. The suite was formerly occupied by Big Lots who recently moved to a different location on Wade Hampton Boulevard.

'Planet Fitness is a great addition to Greer Plaza that will increase traffic to and from the shopping center and surrounding businesses,' said Burgess. 'By securing the Planet Fitness lease prior to Big Lots vacating, we were able to minimize the time that the space sits empty, which is a big win for everybody involved.'

'We are very excited for the Greer community. Securing Planet Fitness as a tenant so quickly reinforces the strength of not only Greer Plaza, but the trade area as a whole,' added Byars. 'Greer has seen an influx of new retailers this year, including Popeye's, Ross, Ulta and Five Below.'

Planet Fitness has an active presence in the region with nine locations across the Greenville - Spartanburg - Anderson area and over 30 locations in the state of South Carolina.

Burgess, Byars and Mendoza are members of the Colliers Retail Services Team, specializing in the representation of owners, buyers and tenants in purchasing and leasing retail space.

About Planet Fitness:
Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of March 31, 2019, Planet Fitness had more than 13.6 million members and 1,806 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama and Mexico. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

About Planet Fitness Southeast:
Opening its first location in 2003 in Altamonte Springs, Florida, Planet Fitness Southeast is the very first franchisee and one of the largest within the Planet Fitness brand. Started by longtime best friends, Shane McGuinness and Eric Dore, Planet Fitness Southeast now operates more than 80 locations and still holds true to the original mission of enhancing people's lives by providing a high-quality experience in a welcoming, non-intimidating environment known as the Judgement Free Zone®.