REAL ESTATE

LA Fitness inks four new leases in Central Texas

BY Michael Fickes

Dallas — LA Fitness has signed leases for four new spaces, two in Austin, Texas, and two in San Antonio, Texas. Venture Commercial Real Estate represented LA Fitness in each transaction.

In Austin, LA Fitness plans to begin construction immediately on a 40,000-sq.-ft. facility at 2020 Anderson Lane and a 46,200-sq.-ft. facility in the Lamar Oaks Shopping center on Lamar Boulevard. Retail Solutions and The Weitzman Group represented the landlords for the Anderson Lane and Lamar Boulevard locations, respectively.

In San Antonia, LA Fitness purchased a six-acre land tract and has begun construction of a 45,000-sq.-ft. facility in the Bulverde Marketplace shopping center. H-E-B will anchor the development with a large-format store. Fulcrum Property Group represented the landlord in this transaction.

In addition, LA Fitness signed a lease for a 45,000-sq.-ft. facility in San Antonio’s Vineyard Shopping Center on Blanco Road. LA Fitness will join Whole Foods Market, Target and Golfsmith at the location. REATA Real Estate Services represented the landlord. Plans call for construction to begin immediately

Venture Commercial is an X Team International partner. X Team International is an international alliance of retail real estate specialists with offices in major cities throughout the United States, Canada and Europe.

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REAL ESTATE

Earthbar signs into Glendale Galleria in May

BY Michael Fickes

Glendale, Calif. — The health juice café, Earthbar, has leased a 1,168-sq.-ft. location on the third level of Glendale Galleria. Earthbar offers a range of juices and cleansers, vitamins and supplements, shakes and healthy snacks.

In November 2013, Glendale Galleria celebrated its grand re-opening featuring its newest anchor tenant, Bloomingdale’s, as well as 30 new stores including: Giggles N’ Hugs, Bhindi Jewelers, Yoppi Yogurt, Martier, Porsche Design, Salon Dioro, Silver Jeans Co., Vilebrequin, Boarder Sports, ‘lette macarons, Original Penguin, Oro Gold, Carmen Steffens, Shasa, Brooks Shoes for Kids and BCBGMAXAZRIA.

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REAL ESTATE

Omaha Natural Grocers sells for $6.115 million

BY Michael Fickes

Omaha, Neb. — A private California buyer has purchased a 20,134-sq.-ft. Natural Grocers in Omaha, Nebraska. Mid-America Real Estate Corp. represented the seller, a private developer, in the transaction.

Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Illinois. The company is the Midwest’s leading full-service retail real estate organization with offices in Chicago, Milwaukee, Minneapolis and Detroit.

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