This press release was provided by Colliers International. The Club Industry editorial staff was not involved in the creation of this content.
Colliers International has arranged a long-term, 24,000-square-foot lease for the newest outpost of national gym brand DavidBartonGym at The Drexel Building, located at 1435 Walnut Street in Philadelphia’s Rittenhouse Square. The one-of-a-kind concept, which has taken the country’s top cities by storm, will open its first location in Pennsylvania in summer 2015.
DavidBartonGym has become a fixture in the fitness industry with each location featuring its own unique design, lighting, energizing music and motivational trainers. In addition to high-end equipment and studio spaces for personal training and intimate group classes, its new location at the base of The Drexel Building –– a five-story, historic bank building on the corner of 15th and Walnut Street in Center City that features high ceilings, intricate designs and oversized windows –– will include an indoor cycling studio by Cyc Fitness.
“DavidBartonGym sets itself apart from other health clubs with a distinctive ambiance that combines local culture, history and the energy of each neighborhood,” said Scott I. Edlitz, Senior Managing Director for the Retail Services Group at Colliers International’s New York office, who along with Senior Vice President Todd Sussman represented the tenant in the transaction. “Real estate is critical to the brand’s identity and The Drexel Building’s architecture and location at the center of Philadelphia’s retail, residential, and hospitality districts, is an ideal fit for its steady expansion.”
“We are thrilled to make our entry into a new city and help Philadelphia #LookBetterNaked,” added Howard Brodsky, Chief Executive Officer of DavidBartonGym. “Following the opening of our newest New York flagship location at the famed Limelight and our upcoming expansion into Boston, Philadelphia was a natural choice for our next gym. Our locations are inspired by the culture of the city and provide members with an energetic and encouraging escape that helps them achieve their fitness goals.”
Alan Domb, of Alan Domb Real Estate, represented the landlord in the transaction.
Scott Edlitz also represented DavidBartonGym in securing its New York City locations at The Limelight in Chelsea, recently named one of the best gyms in America, and The Archive in the West Village, joining their Astor Place and Uptown locations; and its first location in Massachusetts at The Boston Park Plaza. DavidBartonGym also maintains existing locations in Las Vegas, Los Angeles, Miami, Seattle, and Chicago. Edlitz is actively looking for new urban flagship opportunities for DavidBartonGym.
About Colliers International
Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.
Founded in 1992 in New York, DavidBartonGym has world-class trainers with unrivaled success in changing bodies, state-of-the-art equipment, exhilarating energy and award-winning design. With locations in New York (Astor Place, Christopher Street, Upper East Side, The Limelight), Miami (Downtown), Seattle (Bellevue), Chicago (River North), Las Vegas (Tivoli Village) and Los Angeles (Century City and Westside), DavidBartonGym is devoted to its members and to helping them “LookBetterNaked.”