LA Fitness enters Central Texas market

Aug 1, 2013

Bisnow Breaking News – August 1, 2013

Bisnow has learned that LA Fitness inked a lease for 35k SF in Round Rock, its first location in the Austin area. It's also purchased a five-acre tract in San Antonio, expanding its footprint there.

Venture CRE's John Zikos, Jonathan Cooper, and Chris Booras rep LA Fitness across Texas—except Houston—and tell us the chain is beefing up its presence in Central Texas. John says the Round Rock location is at the southwest corner of Highway 620 and O'Connor Drive, in a new development. Construction will begin in September. He says it's always hard to find a good site available in Austin, but this location is in a fast-growing area across from an HEB. Landlord Barclay repped itself.

The five-acre San Antonio site is in Military Crossing shopping center (at 410 and Military Drive). Construction has begun on a 45k SF facility there, where it joins Academy Sports + Outdoors. (John tells us LA Fitness loves to colocate with Academy.) It took a while to finalize this land sale from Santikos, but he's thrilled the gym will have highway frontage on 410. The store joins two other LA Fitness locations in the San Antonio metro. REATA's Whit Jordan and Thomas Tyng repped the landlord. John tells us the chain would like to have about 12 clubs in each Austin and San Antonio, and he's working about that many deals now.