"They have very low traffic impact but bring in a lot of ladies to these centers. It's really a good use," Gordon Raguse, a senior vice president with Grubb & Ellis/BRE Commercial, tells GlobeSt.com. Franchisee Joann Dugan, operating as Curvaceous Inc., sealed the deal with Phoenix-based Westcor Realty LP, now a subsidiary of the Macerich Co. of Santa Monica, CA, for inline space at 12005 N. Tatum Blvd. Dugan operates three centers in metro Phoenix and two in Wisconsin for the Waco, TX-based Curves International Inc.
Raguse says Village Crossroads, with rents averaging $25.30 triple net, is the 12th Curves lease he's negotiated in recent months. The newest inline location is in a 187,336-sf center situated across the street from the 1.3-million-sf Paradise Valley Mall. The fitness center joins a lineup that includes Burlington Coat Factory, Gateway Country and Outback Steakhouse. Raguse represented the tenant. Westcor was self-represented.
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