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LAWRENCEVILLE, NJ-Retro Fitness has leased 13,000 sf for a new health club at the Lawrence Shopping Center on Route 1 here. The 350,000-sf, Burlington Coat Factory-anchored property is anchored by Burlington Coat Factory and counts Staples, Acme, MJM and CVS as its other major tenants.

Center owner Eastern State Properties of Trenton was represented by Brent Barbehenn of the Mt. Laurel office of Metro Commercial, and Retro Fitness was represented in-house. Terms were not released; availabilities at the property totaling 12,500 sf in increments of 1,500 to 8,000 sf are currently listed with an asking price of $16 to $20 per sf.

“The center provides great accessibility and traffic,” Barbehenn tells GlobeSt.com. “Retro Fitness should also definitely benefit from the area’s excellent demographics.”

For the five-year-old, Manalapan, NJ-based Retro Fitness, the latest signing is also part of a very ambitious expansion plan, according to Barbehenn. The company currently has 24 locations in operation, another 62 under development, and has a goal of opening 450 locations, mostly through franchisees, over the next three years.

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