Newmark has completed a 10-year, 44,800-square-foot lease with Chuze Fitness on behalf of the ownership. Chuze is currently underway on its interior build out and plans to open its door later this month.
Newmark Senior Managing Director Mark Baziak and Associate Geoff Foley represented the landlord, Auburndale Properties. Chad Iafrate of Cushman & Wakefield represented the tenant.
Located at 121 N. Beach Blvd. in Anaheim, CA, Chuze Fitness will be located adjacent to Walmart as part of a two-tenant, 120,000-square-foot building. The space which was formerly occupied by Food for Less is well-located and highly visible at the intersection of Beach Blvd. and Lincoln Ave. which see a combined 93,000 vehicles per day.
“Chuze Fitness, a growing fitness brand, was seeking a high profile location and was willing to negotiate flexible lease terms with our client,” said Baziak. “We feel that this was an ideal tenant for this center that will generate great cross-over traffic and long-term value for ownership.”
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