Texas Household Fitness Gyms Close, Merge With Planet Fitness
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DALLAS — Four Texas Family 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 statement Monday. The corporate owned 11 gyms across 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 Exchange Fee. A number of different hedge funds have additionally lately added to or lowered their stakes within the business. LRI Investments LLC grew its holdings in Planet Fitness by sixty one.2% within the 2nd quarter. 30,000 after buying a further 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 square feet at Middlesex Corner in Middlesex and 21,850 sq. feet at Blue Star Buying Heart in Watchung. Ed Vasconcellos of Levin Management Corp. Middlesex Corner 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 Procuring Heart, with E.J. Moawad of Levin representing the landlord. Franchisees will own and function the new venues. Levin manages and leases each properties.

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