Leesburg, Virginia: Alan Luger and Earl Goodman, Principals of the metropolitan Washington, D.C. office of Divaris Real Estate, Inc., announced the signing of a lease with Fitness First for 12,212 square feet of retail space in Leesburg Plaza, located on East Market Street in Leesburg, Virginia. Fitness First joins Giant, Kmart, Peeples and CVS in the shopping center.
Fitness First is the largest Maryland-based chain of health clubs, serving approximately 20,000 members throughout Bethesda, Rockville, North Potomac, Olney, Gaithersburg, Layhill, Germantown and Frederick. Peter Harvey founded the club in 1991, when he took over a failing nautilus gym. The Alexandria location is the 12th for Fitness First, and the third of several planned for Northern Virginia.
Each state-of-the-art facility averages between 12,000 and 16,000 square feet and includes free weights, cardiovascular equipment, the latest aerobics and spinning classes as well as day care services. The clubs are located in close proximity to one another, allowing members to utilize all clubs for the price of one. Fitness First offers low rates and free personal training.
DRE’s Alan Luger and Earl Goodman are Fitness First’s exclusive tenant representatives for new sites nationally. The Landlord, Federal Real Estate Investment Trust, was represented by Richard Abruscata.
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton, Tampa, Fort Lauderdale, Hollywood and St. Augustine, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 28.2 million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states. Divaris Real Estate, Inc. is a member of Realty Resources, a national group of independent retail property brokers and managers covering 75 major markets throughout the United States. DRE is also the Virginia affiliate for CORE, a national group of full-service commercial and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, as well as tenants and buyers in all aspects of leasing, development, and managing properties, acquisitions and land sales. Gerald S. Divaris is Chairman of the Board and Michael B. Divaris is President of Divaris Real Estate, Inc.