Shoppes at Alexander Place welcomes new anchor tenant, Planet Fitness
Raleigh, NC – February 24, 2020 – Shoppes at Alexander is pleased to welcome its new anchor tenant, Planet Fitness. The national fitness firm will undergo an extensive renovation of Best Buy’s former space, visible from Glenwood Avenue.
Mike Eberle, Broker at Trinity Partners, represented the landlord, AP SHOPPES, LLC and MaryAnn Peterson with MAP Commercial Realty represented the tenant, Planet Fitness.
“We are excited to have Planet Fitness choose The Shoppes at Alexander Place,” said Prateek Chandak with AP SHOPPES, LLC. “As Shoppes at Alexander Place continues to expand with Phase 2 recently completed and Phase 3 pre-leasing and breaking ground this year, Planet Fitness’ presence as an anchor tenant will play a critical role in attracting the desired tenant mix we are focused on delivering, and drive substantial traffic to the center benefiting all tenants, including Thompson Family Dentistry, who recently joined Phase 2’s tenant roster.”
Planet Fitness was ranked seventh in Entrepreneur Magazine’s Franchise 500 and recently opened their 2,000th store nationwide. It is one of the largest and fastest-growing global franchisers and operators of fitness centers with more members than any other fitness brand.
“Planet Fitness is an ideal anchor tenant for the Shoppes at Alexander Place. Their strong, and well-known brand creates a solid foundation for the center and will bring tremendous foot traffic that will be beneficial to both our existing and prospective tenants. We fully expect their tenancy will be a strong draw to both retail and office users alike.” said Mike Eberle, Broker with Trinity Partners.
The Shoppes at Alexander Place sits in the heart of Brier Creek, just off Glenwood Avenue on Skyland Ridge Parkway, at the intersection of Brier Creek Parkway and Glenwood Avenue. The center has expanded its footprint with the recently completed (Phase 2) two-story building with 22,000 square feet of Class A office and retail space and plans to break ground on Phase 3 in 2020, adding an additional 46,000 square feet of space to the center. Retail space is extremely limited and highly sought-after in Brier Creek and Alexander Place’s prominent position, easy ingress and egress, and excellent visibility from the well-traveled thoroughfares make it a highly desirable location. For leasing opportunities at Shoppes at Alexander Place, contact Mike Eberle with Trinity Partners.
About Trinity Partners
Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with 10 service lines ranging from landlord and tenant representation to property management and investment sales. Trinity currently leases and/or manages more than 20 million square feet of space across the region through our three offices in Charlotte and Raleigh, North Carolina, and Greenville, South Carolina. Learn more at www.trinity-partners.com.
About AP SHOPPES, LLC
AP SHOPPES, LLC is an affiliate of Raleigh based The Focus Properties, Inc., a diversified family owned commercial real estate investment and property management firm with 20 plus years of presence in the Triangle.
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