Crossman & Company Inks Planet Fitness for Center

9/20/16

National brand has leased space in popular Peachland Promenade

Crossman & Company, one of the Southeast’s largest retail leasing, property management and investment sales firms, has added Planet Fitness at Peachland Promenade in Port Charlotte, Fla. to its impressive leasing portfolio.

Senior Leasing Associate Gina Hensley CPM, CCIM finalized the deal, bringing distinguished national brand Planet Fitness to the popular 82,081 square foot shopping destination at 24123 Peachland Blvd. in Port Charlotte.

“The center’s updated facade provides attractive eye appeal and visibility,” Hensley said. “Planet Fitness’ mission to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment is a perfect addition to Peachland Promenade.”

Once again the experienced Crossman & Company team has shown the ability to connect owners and client landlords like InventTrust Property Corp. of Oak Brook, Ill. with desired brands and retailers. David Hochstadt of Stix Commercial of Winter Park, Fla. represented Planet Fitness in the transaction.

The renovation, previously completed by InvenTrust Properties, has enhanced both signage and access to Peachland Promenade. A neighboring Publix also draws traffic from the surrounding residential neighborhoods. Planet Fitness is leasing 20,313 square feet and joins Subway, Bon Worth, Great Clips, and The UPS Store in the center.

Founded in 1992 in Dover, N.H., Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the nation by number of members and locations. Planet Fitness had more than 8.6 million members and more than 1,200 stores in 47 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic.

With offices in Atlanta, Boca Raton, Tampa, Miami and Orlando serving Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia, Crossman & Company and now has 27.1 million square feet under leasing and management comprising of 340 properties.

For more information, contact Gina Hensley at (813) 546.1063 orghensley@crossmanco.com or visit www.crossmanco.com.

About Crossman & Company

Crossman & Company is the premier real estate firm focused on serving retail landlords exclusively throughout the Southeast – with offices in Atlanta, Boca Raton, Tampa, Miami and Orlando – representing more than 340 shopping centers and over 27.1 million square feet in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina and Virginia. The company was founded in 1990 with the goal of providing exemplary service to our clients around four core values: Maintain enthusiastically satisfied clients; Demonstrate servant leadership; Practice kindness, openness and humility; and Develop new talent. For more information, visit the company’s website at www.crossmanco.com.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. is a pure-play retail real estate company with a focus on acquiring open-air centers with a disciplined approach, in key growth markets with favorable demographics. This acquisition strategy, along with our innovative and collaborative property management approach, ensures the success of both our tenants and business partners and drives net operating income growth for the Company. InvenTrust became a self-managed real estate investment trust in 2014 and, as of June 30, 2016, is an owner and manager of 91 multi-tenant retail properties, comprising 15.7 million square feet of retail space.

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