Wednesday, May 6, 2015

Charles Dunn Company Completes 21,257-Square-Foot Retail Lease for New Planet Fitness Location in Los Angeles

George Russell
LOS ANGELES, CA,  May 6, 2015 – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed a 10-year, 21,257-square-foot retail lease valued at approximately $5.7 million with Planet Fitness.

George Russell, director with Charles Dunn Company, represented the property owner, Miracle Mile Properties. 

SRS Real Estate Partners represented Planet Fitness, a rapidly growing fitness franchise with more than 900 locations across the country.

The space is located at 1000 E. Washington Blvd. just south of the 10 Freeway and the major cross street of S. Central Ave. near Downtown Los Angeles. 

It was previously occupied by Casa Linda Furniture which is relocating. Planet Fitness is undergoing significant renovations to the space and is anticipated to open in October 2015. 

Other tenants at the property include Auto Zone, Boost Cellular and Subway.

1000 East Washington Boulevard,
Downtown Los Angeles, CA

“Planet Fitness chose this location as it is within a densely populated area that has seen strong growth in retail amenity offerings over the past several years,” said Russell. 

“Superior Super Markets and Fresh & Easy have opened stores nearby, and vacancy rates are decreasing. 

"New retailers seek to be a part of the synergy created with a variety of shopping, dining and other service options for local residents and businesses.”

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto


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