Positioning Retail Real Estate for a New Generation

December 14, 2015

  • Posted on:  Tuesday, 15 December 2015 18:26
  • Written by 
Rate this item
(0 votes)

Retro Fitness Now Open at Twin City Shopping Center in Jersey City, N.J.

Affordable Gym Chain Occupies 16,000 SF at Levin-Managed Center

JERSEY CITY, N.J., Dec. 14, 2015 – Retro Fitness, an affordable gym chain known for its low-cost, high-value fitness concept, recently celebrated its grand opening at Twin City Shopping Center in Jersey City. The 98,000-square-foot shopping center is exclusively leased and managed by North Plainfield, N.J.-based Levin Management.

“Budget-friendly fitness chains are meeting the increased demand for affordable gym alternatives,” said Matthew K. Harding, Levin’s president. “Retro Fitness will provide those who live and work in the community with a convenient and cost-effective way to achieve their health and fitness goals. We're excited to bring this wonderful new amenity to Twin City Shopping Center.”

With state-of-the-art equipment, bright décor and a variety of membership options starting as low as $19.99 a month, Retro Fitness sets the pace for an energetic, action-packed workout. Retro Fitness locations feature 60-75 pieces of cardio equipment with personal LCD television screens, three different types of circuit training equipment, the Retro Movie Theater, Retro Blends Juice Bar, group classes, personal training, child care, tanning and more.

Well-located at the Jersey City/Bayonne border on Garfield Avenue and West 55th Street, Twin City Shopping Center serves a growing residential population of more than 560,000 people within a five-mile radius. The marketplace offers an average household income of more than $93,000 and a daily traffic count of 35,000 vehicles. Retro Fitness joins a tenant mix that includes Twin City Supermarket, Everything $.99, Wendy’s and Dunkin Donuts, along with a host of typical neighborhood conveniences.

Levin currently is marketing three units of 5,600, 8,350 and 14,000 square feet at Twin City Shopping Center.

Levin is one of the nation’s leading retail real estate services firms, with a strong focus in the northeastern United States and an owner’s approach to the business. The firm’s portfolio and internal resources have grown consistently over the years, responding to a variety of retail and economic climates. Today, Levin offers a full range of services for a diverse portfolio that encompasses approximately 95 properties and more than 13 million square feet. These services include leasing, property management, accounting, construction management and marketing. Levin specializes in repositioning, retenanting and renovating retail properties – areas that have become particularly vital for today’s institutional and individual property owners.

Read 7316 times Last modified on Tuesday, 15 December 2015 19:06