Texas Household Fitness Gyms Shut, Merge With Planet Fitness
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DALLAS — 4 Texas Household Fitness gyms will close in North Texas after the company was acquired by Planet Fitness, the company announced. Texas Family Fitness announced the merger in a press release Monday. The company owned eleven gyms throughout DFW, according to the assertion. Planet Fitness owns over 2,600 places accross the U.S. 8,345,000 as of its most latest filing with the Securities and Alternate Commission. Several different hedge funds have also recently added to or decreased their stakes within the business. LRI Investments LLC grew its holdings in Planet Fitness by 61.2% within the 2nd quarter. 30,000 after buying an extra 153 shares throughout the interval.
Middlesex and Watchung, N.J. — Planet Fitness has signed two new leases in New Jersey. The tenant will occupy 15,500 sq. ft at Middlesex Nook in Middlesex and 21,850 sq. feet at Blue Star Buying Center in Watchung. Ed Vasconcellos of Levin Management Corp. Middlesex Nook in lease negotiations, and Raymond Villafana of Franchise Realty represented Planet Fitness. Jack Chera of RIPCO represented Planet Fitness in lease negotiations for Blue Star Purchasing Center, with E.J. Moawad of Levin representing the landlord. Franchisees will own and operate the brand new venues. Levin manages and leases each properties.
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