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Planet Fitness Leases 20,000 SF in Madison

Health Club Signs 11-Year Retail Deal
May 30, 2012
Planet Fitness, a franchise of fitness centers based in Newington, NH, signed an 11-year lease for 20,000 square feet in South Towne Mall, located at 2301-2315 W. Broadway in Madison, WI.

The community center totals 225,417 square feet. LNR Partners Incorporated developed the property in 1983 and sold it to Lears & Company Incorporated in 2011, according to CoStar information. Other tenants at the center include Hobby Lobby and Dollar Tree.

Adam Dreier with Mid- America Real Estate - Wisconsin represented Planet Fitness. David Israel with Lears & Co., Inc. represented the owner in-house.

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