Fitness First Leases 13,110 Square Feet in Washington, DC

Posted on August 26, 2005  /  in News Releases  /  No Comments

Washington D.C..:  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 13,110 square feet of retail space located at 1828 L Street Northwest in Washington, D.C.  Fitness First joins Mervis Diamonds and Corner Bakery in the office building.

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.   Fitness First, ranked third in the 2002 Washington Business Journal’s ranking of largest health clubs in the metropolitan D.C. area.  Peter Harvey founded the club in 1991, when he took over a failing nautilus gym.  With this lease, Fitness First opens its first Washington, D.C. location.  There are an additional nine locations in Maryland and three in 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, 1828 L Street Associates, LLP, was represented by Chuck Wallach.

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 and Tampa, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 21 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 The CORE Network, 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.

 

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