X Team partner completes two Texas leases for LA Fitness

7/14/2014

Dallas -- X Team International partner Venture Commercial Real Estate has completed leases for two LA Fitness locations in Austin and McKinney, Texas.



"As LA Fitness continues to expand its footprint into North and Central Texas, our focus remains on identifying prime locations that will both meet the club's needs and generate increased foot traffic," said Venture Commercial Partner John Zikos.



In Central Texas, LA Fitness signed a lease for a reverse build-to-suit on a 37,000-sq.-ft. facility that will anchor a new development on the northeast corner of West Slaughter Lane and Manchaca roads in southwest Austin.



LA Fitness also signed a lease in North Texas to build another 37,000-sq.-ft. facility in McKinney, where the club will join anchor tenant Sprouts Farmers Market in the newest phase of the Water Tower Place development, located at the southwest corner of Custer Road and Virginia Parkway.



Construction is expected to begin in the near term on both of the locations.


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