Retail development ROUND ROCK, TX— LA Fitness is building on its Central Texas expansion with a recent 4.7-acre land tract acquisition. The 37,000-square-foot fitness center will be located at the crossroads of East Palm Valley Boulevard and N. A.W. Grimes Boulevard. H-E-B Plus anchors the development with an expanded store format. LA Fitness is slated to open in summer 2017. X Team and Venture Commercial Real Estate represented LA Fitness. “This is an exciting milestone for LA Fitness' development,” said Venture Commercial partner John Zikos . “It was important for us to capitalize on the rapid growth Round Rock is experiencing, and we were able to find a highly trafficked location on the east side to better serve the on-the-go community.” Zikos, along with Venture's Jonathan Cooper and Cheryl Hill , represented LA Fitness in the transaction, working with Walt Brown Jr. and Tim Dolander of Diversified Partners . Brett Baker with HEB Grocery Company represented the seller. Zikos tells GlobeSt.com: “LA Fitness is a prominent national brand with a large customer base that will be a great addition to the active Round Rock community. Locking in this location was key and is another step forward for LA Fitness to continue its Central Texas expansion.” X Team International is an alliance of retail real estate advisors with expertise in more than 45 major markets throughout the United States and Canada. Retail development ROUND ROCK, TX— LA Fitness is building on its Central Texas expansion with a recent 4.7-acre land tract acquisition. The 37,000-square-foot fitness center will be located at the crossroads of East Palm Valley Boulevard and N. A.W. Grimes Boulevard. H-E-B Plus anchors the development with an expanded store format. LA Fitness is slated to open in summer 2017. X Team and Venture Commercial Real Estate represented LA Fitness. “This is an exciting milestone for LA Fitness' development,” said Venture Commercial partner John Zikos . “It was important for us to capitalize on the rapid growth Round Rock is experiencing, and we were able to find a highly trafficked location on the east side to better serve the on-the-go community.” Zikos, along with Venture's Jonathan Cooper and Cheryl Hill , represented LA Fitness in the transaction, working with Walt Brown Jr. and Tim Dolander of Diversified Partners . Brett Baker with HEB Grocery Company represented the seller. Zikos tells GlobeSt.com: “LA Fitness is a prominent national brand with a large customer base that will be a great addition to the active Round Rock community. Locking in this location was key and is another step forward for LA Fitness to continue its Central Texas expansion.” X Team International is an alliance of retail real estate advisors with expertise in more than 45 major markets throughout the United States and Canada.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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