Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has signed a 22,000 square foot lease for the space currently occupied by Marshalls at Mondawmin Mall, situated at 2010 Gwynns Falls Parkway in Northwest Baltimore. TJX Cos. Inc., Marshall’s parent company, announced in December that Marshalls would be vacating the space on January 12th. This will be Planet Fitness’ fifth location in Baltimore City. MacKenzie Commercial Real Estate Services’ Senior Vice President/Principal John Schultz represented Planet Fitness in the transaction.
“We are very excited to continue our growth in the Baltimore area and to be part of the Mondawmin Mall community,” stated Stephen Smith, COO of Planet Fitness.
The 22,000 square foot club will offer state-of-the-art cardio and strength equipment, free fitness training and a Black Card Spa which will include HydroMassage beds and massage chairs. Plans are underway to begin construction during the first quarter of 2019 and be open by the Summer.
“Planet Fitness will be a great addition to Mondawmin Mall, and we are thrilled that this team continues to invest in Baltimore and open in neighborhoods which are in need of such amenities and services,” said Mayor Catherine E. Pugh. “In addition to providing a welcoming environment for people to improve their health and fitness, Planet Fitness will create jobs and give back to the community as they have in other neighborhoods.”
Planet Fitness prides itself on providing a high-quality experience at an exceptional value and being home of the Judgement Free Zone®, where members experience a hassle-free, non-intimidating environment. A fitness industry leader, Planet Fitness has over 1,700 locations and over 12 million members.
“The Planet Fitness philosophy is one that attracts a dedicated and constantly growing client base,” stated John Schultz. “Their proven success in other local and regional markets will be a great compliment to the mall and surrounding trade area.”
For more information on Planet Fitness, please visit www.planetfitness.com. For tenant representation services, please contact John Schultz at 410.494.4894 or email@example.com.
MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial and residential development, general construction, property and asset management, debt and equity capital placement, and market research. With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.