Planet Fitness Work Out Lease

National gym chain Planet Fitness has signed a lease for the former Penn Branch Shopping Center, a move that will kick off owner Jair Lynch Real Estate Partners' redevelopment of the site.

Planet Fitness will take 20,000 square feet of an existing building on the site, which was formerly home to the D.C. Department of Motor Vehicles and other municipal offices. Alex Shiel of Rappaport represented the landlord in the transaction and John Schultz of MacKenzie Commercial Real Estate represented Planet Fitness.

Read the complete article on the Washington Business Journal.

Jon Gann