Venture Commercial reps LA Fitness in four new Central Texas locations

Apr 10, 2014

DALLAS - April 10, 2014

Venture Commercial Real Estate announced it has represented Fitness International, LLC in deals to build two new LA Fitness clubs in Austin and two locations in San Antonio.

John Zikos, Jonathan Cooper, and Chris Booras of Venture Commercial represented LA Fitness in each of the four transactions, working with Walt Brown, Jr. and Tim Dollander of Diversified Partners, master brokers for LA Fitness in the Southern U.S.

"As LA Fitness continues an aggressive expansion into Central Texas, it is important that we continue to capitalize on our strong start in this market and continue to open quality locations in Austin and San Antonio," said Zikos, a partner with Venture Commercial. “Having worked with the LA Fitness team in North Texas for 11 years now, we are pleased they have entrusted us with their real estate needs in Central Texas.”

In Austin, LA Fitness has signed a lease and is expected to begin construction immediately on a 40,000 square foot facility located at 2020 West Anderson Lane. Alan Rust of Retail Solutions represented the landlord.

Also in Austin, LA Fitness has signed a lease and is expected to begin construction immediately on a 46,200-square-foot facility in the Lamar Oaks shopping center at 4001 S. Lamar Boulevard, where LA Fitness will join Wheatsville Food Co-op. Adam Zmiel of The Weitzman Group represented the landlord.

In San Antonio, LA Fitness has purchased a six-acre land tract and has begun construction on a 45,000-square-foot facility in the Bulverde Marketplace shopping center, located at the southwest corner of Loop 1604 and Bulverde Road. H-E-B will anchor the development with a large-format store. Adam Schiller of Fulcrum Property Group represented the landlord.

Also in San Antonio, LA Fitness has signed a lease and is expected to begin construction immediately on a 45,000-square-foot facility located in the Vineyard shopping center on the northwest corner of Loop 1604 and Blanco Road, where LA Fitness will join Whole Foods, Target, and Golfsmith. Thomas Tyng of REATA Real Estate Services represented the landlord.

Founded in 1984, LA Fitness is one of the fastest growing sports club chains in the U.S. and presently has more than 500 locations in 22 states and Canada. For more information, visit www.lafitness.com.

About Venture Commercial

Venture Commercial Real Estate is recognized as a leader in retail brokerage services throughout Texas for its dedication to each client’s success. The company’s full-service real estate platform includes landlord and tenant representation, property management, land sales, and income property sales. Additionally, Venture provides strategic market planning and site selection for restaurant and entertainment clients through its Venturetainment division. As the D-FW partner of X Team International, Venture is able to serve its clients on a national scale. For more information visit www.venturedfw.com.