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Bally Fitness Opens 20,000-SF Location in Stratford

STRATFORD, CT-Bally Total Fitness Center has opened a 20,000 sf location at the Stratford Square shopping center here, brining the 160,000-sf facility to near full occupancy.

By John Jordan | Updated on July 11, 2002

STRATFORD, CT-Kramont Realty Trust’s Stratford Square shopping center here is now approaching full occupancy now that Bally Total Fitness Center’s new 20,000-sf facility has opened for business.

Kramont officials report that Bally’s conducted a partial opening of its new facility while build out continues, according to Michael Walker, vice president of leasing for the Plymouth Meeting, Pa.-based REIT. The Bally’s lease, valued at more than $2.5 million, brings the complex to 95 percent occupancy. An additional lease is out on a 7,000-sf “out-lot building,” he adds. If that deal closes, the complex, located near Route 1 and exit 33 of the Connecticut Turnpike, will be fully leased.

The complex is anchored by a 33,000-sf Marshalls discount department store and a 16-screen Entertainment Cinemas Multiplex that totals approximately 50,000 sf. Other major tenants at Stratford Square include Fashion Bug and Payless ShoeSource. McDonald’s recently opened a restaurant in a freestanding out parcel. The fast food chain replaced a former Popeye’s Chicken restaurant at the site.

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