Case Study

Case Study – Planet Fitness

21 GYMS OPENED

TENANT REQUIREMENTS

  • 20,000± SF
  • Large-scale build outs with significant T&I
  • Aggressive deals with involved negotiations
  • Low rent, long terms

Planet Fitness gyms are great for shopping centers. They bring consistent traffic and occupy large amounts of square footage. But opening up 21 Planet Fitness locations is no easy feat and requires long, tough negotiations with landlords.

Planet Fitness franchises are typically looking for 20,000± SF with an involved, large-scale buildout and significant TIA from the landlord. They also want low rent and long terms, which is a delicate balance that Donovan Real Estate Services is able to strike on behalf of our clients by leveraging our longstanding relationships with landlords.

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Planet Fitness - Tenant Case Study at Donovan Real Estate Services