X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

McDONOUGH, GA-LA Fitness has signed a 45,000-sf ground lease at the Shoppes at Henry Crossing where it will construct a fitness center on a more than five-acre freestanding parcel.

The retail group of Colliers Spectrum Cauble represented the landlord, Shoppes at Henry Crossing LLC, in the transaction. Ruth Coan, of the Shopping Center Group, represented LA Fitness. The fitness company plans to build its latest concept on the site, which will feature a swimming pool and other amenities. It plans to take occupancy in nine to 12 months, says Jennifer McAfee, of Colliers Spectrum Cauble.

Located at the intersection of Jonesboro and Foster roads at Interstate 75, the shopping center is anchored by a 16-screen Great Escapes theater. “The center boasts excellent visibility from Interstate 75, with visible signage opportunities available,” McAfee says. “There is also a great deal of synergy around the Jonesboro/Interstate 75 corridor.”

Henry County, where the center is located, is ranked fourth among the US Census Top 10 counties for housing growth in the past year and is among the Top 20 counties for population growth. When compared to other counties over the past three years, Henry County ranked second in the nation in regards to its housing growth rate of 7.6%, according to Colliers Spectrum Cauble.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.