REAL ESTATE

Crunch Fitness: Eight-plus locations for Dallas

BY Michael Fickes

Dallas — Crunch Fitness is coming to Texas. Dallas entrepreneur, author and founder of Planet Tan, Tony Hartl plans to roll out eight to 10 Crunch Fitness locations in the Dallas-Fort Worth metro area by 2016.

As a multi-unit developer for the Crunch Franchise in DFW, Hartl brings a proven history of business success. He founded Planet Tan in Dallas in 1995 and managed its growth to 17 locations before selling the chain in 2008. At the time of the sale, Planet Tan boasted the highest sales per unit in the industry. Today, as CEO of PAH Capital, Hartl plans to invest in the first Crunch locations in DFW.

Dallas-based United Commercial Realty www.ucr.com, a ChainLinks Retail Advisors partner, will help Hartl to identify locations and represent him in lease negotiations.

Crunch currently has 250 locations and over 300,000 members. “Entrepreneur Magazine” listed Crunch as the hottest franchise to own in 2011 and 2012. The magazine has also ranked Crunch on its 2014 Franchise 500 list.

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REAL ESTATE

Lane Bryant to Pembroke Gardens in Pembroke Pines, Fla.

BY Michael Fickes

Columbus, Ohio — Lane Bryant has opened a new store at The Shops at Pembroke Gardens, a lifestyle center in Pembroke Pines, Fla.

The grand opening celebration will take place March 7 – 9. Lane Bryant, a wholly owned subsidiary of Ascena Retail Group, owns and operates 805 stores nationwide.

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REAL ESTATE

Whole Foods leases space at The Summit in Lexington, Ky.

BY Michael Fickes

Birmingham, Ala. — Whole Foods Market has signed a lease for 40,000 sq. ft. at The Summit in Lexington, Ky. Currently under development by Bayer Properties LLC, The Summit Lexington is a mixed-use project with 450,000 sq. ft. of retail and restaurants plus 306 multi-family residential units.

Phase I of the project will open during the spring of 2016 with 340,000 sq. ft. of retail and the full complement of the planned 306 residential units. Phase II will add 110,000 sq. ft. of retail.

Bayer Properties LLC specializes in developing, leasing, managing and marketing mixed-use real estate properties nationwide. The company currently owns or operates retail and office properties totaling approximately 10 million sq. ft., such as The Summit in Birmingham, Ala., Mount Pleasant Town Centre in Mount Pleasant, S.C., Front Range Village in Fort Collins, Colo. and The Summit in Reno, Nev. New developments include The Pizitz Building urban revitalization project in Birmingham, Ala., and The Summit Lexington, a mixed-use project in Lexington, Ky.

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