Packaging the deal as a build-to-suit, 24 Hour Fitness has inkeda 15-year ground lease, with options to extend, for a 3.5-acretract in Katy Crossing, an 8.5-acre plan near the intersection ofUS Hwy. 377 and Golden Triangle Boulevard. The deal was undernegotiation about six months.

"We feel very strongly about the Keller community. It's veryfamily oriented. It's the perfect fit," John Eiskamp, 24 HourFitness' director of real estate, says about the site selection forone of the chain's first "family sport clubs" in the region.

Eiskamp says the family sport club's business plan calls forconstruction of "three to five per year for three years" in thethree Texas metros. The company's broker, Jeff Kittleson, seniorvice president in Dallas for CB Richard Ellis, also has closed abuild-to-suit deal in Murphy, another bedroom community in theregion.