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Texas Household Fitness Gyms Close, Merge With Planet Fitness

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DALLAS — Four Texas Household Fitness gyms will close in North Texas after the company was acquired by Planet Fitness, the corporate announced. Texas Family Fitness introduced the merger in a press release Monday. The corporate owned eleven gyms throughout DFW, in response to the statement. Planet Fitness owns over 2,600 locations accross the U.S. 8,345,000 as of its most recent filing with the Securities and Trade Commission. Several other hedge funds have also just lately added to or diminished 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 additional 153 shares in the course of the interval.

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Middlesex and Watchung, N.J. — Planet Fitness has signed two new leases in New Jersey. The tenant will occupy 15,500 sq. toes at Middlesex Nook in Middlesex and 21,850 square ft at Blue Star Shopping Center in Watchung. Ed Vasconcellos of Levin Administration 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 new venues. Levin manages and leases each properties.


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