Heidenberg Properties Group Announces Planet Fitness Lease at Mt. Pocono Plaza10 Aug 2017, Posted by Press Release in
Heidenberg Properties Group, owner of the 203,000 square foot Mt. Pocono Plaza in Mt. Pocono, PA, has executed a lease for a 17,500 square foot fitness center with Planet Fitness, one of the largest and fastest growing franchisors and operators of fitness centers in the United States.
The space being leased by Planet Fitness was previously occupied by an 86,000 square foot Kmart. Despite the loss of this anchor tenant two years ago, the tenants at Mt. Pocono Plaza have been performing well, as evidenced by the multiple renewals and new leases executed by the owners, as well as a store remodel by Weis Markets. According to Ken Simon, VP of Real Estate for Heidenberg Properties Group, “Planet Fitness is a great addition to the tenant mix at Mt. Pocono Plaza. The fitness franchisee offers a compelling value proposition to its members and will bring a new type of customer to the shopping center.” The first Planet Fitness in the Poconos, this destination gym will be open 24 hours and join a new 27,300 square foot Ollie’s Bargain Outlet in the former ‘big-box’ portion of the shopping center. Construction on Ollie’s began this summer and it is anticipated that both tenants will open in the fall of 2017.
Located on Route 940, Mt. Pocono Plaza boasts Weis Markets, Dollar Tree, and Rainbow as major tenants and has recently added Pet Valu and Touka Hibachi, which is currently under construction. “We made a strategic decision to add tenants who offer unique experiences, as well as value, to the residents and tourists of the Poconos. Planet Fitness is consistent with that philosophy and we are excited for them to open,” stated Ken Simon.
Headquartered in Hampton, NH, Planet Fitness has revolutionized the fitness industry with extremely low prices and offers a variety of benefits, including a hassle-free environment called the Judgment Free Zone®, brand name cardio and strength equipment, fully-equipped locker rooms, flat screen televisions, unlimited small group fitness instruction by a certified trainer through the pe@pf® program, and much more. There are currently four other Planet Fitness locations within 30 miles of Mt. Pocono, including Scranton, Pittston, and Nazareth. Planet Fitness is the franchisor and operator of more than 1,400 fitness centers in 48 states and the District of Columbia, Puerto Rico, Canada, and Dominican Republic, and enhances people’s lives by providing an affordable, high-quality fitness experience in a welcoming, non-intimidating environment.