An international fitness chain made its debut in Miami as it took out one of the biggest retail leases in downtown in recent memory, another sign companies are betting on a real estate comeback after a slowdown caused by the coronavirus pandemic.
Powerhouse Gym will move into a 36,000-square-foot space at MiamiCentral station for the Brightline passenger train.
The brand has 300 licensees across 39 states and is present in 17 countries with a total of 1.2 million members. In Florida, it has locations in Fort Lauderdale, Jacksonville, Tampa and Stuart, but none in Miami until now.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
