• DEVELOPMENT
  • CONSTRUCTION
  • INVESTMENT
  • PORTFOLIO
  • ABOUT
  • CONTACT
  • DEVELOPMENT
  • CONSTRUCTION
  • INVESTMENT
  • PORTFOLIO
  • ABOUT
  • CONTACT
  • DEVELOPMENT
  • CONSTRUCTION
  • INVESTMENT
  • PORTFOLIO
  • ABOUT
  • CONTACT
  • DEVELOPMENT
  • CONSTRUCTION
  • INVESTMENT
  • PORTFOLIO
  • ABOUT
  • CONTACT
Blog
Home Commercial 24HR Fitness & Chapter 11
August 28, 2020 Commercial by Angelina Badalian

24HR Fitness & Chapter 11

COVID forced multiple 24 Hour Fitness locations into an Chapter 11 reorganization and while other locations closed, Grandway led the prized Texas SuperSport location into a restructure of their lease.

Blessing In Disguise?

With the state mandated shutdowns and enforcement, COVID sadly forced multiple 24 Hour Fitness and Gold’s Gym into Chapter 11 Reorganization. While other locations closed, Grandway successfully led 24 Hour Fitness through its’ transformational journey.

Lease restructuring helped this prized Texas SuperSport location emerge a stronger tenant, laser-focused on bringing their members the best fitness experience at the gym and at home. Another way Grandway’s foresight and experience turned a bad situation into an opportunity.

If you would like more information about 24 Hour Fitness and this specific location, follow this link. https://www.24hourfitness.com/gyms/mesquite-tx/mesquite-supersport

Learn more information about the restructure here! https://www.24hourfitness.com/company/restructure/

Angelina Badalian
Author
Just Listed – Newly Constructed Transitional Prairie
2020 Outstanding Stormwater BMP Award Recipient

Related Posts

March 27, 2024 Commercial

Commercial Real Estate Market Update Q4 2023

March 27, 2024 Commercial

Commercial Real Estate Market Update Q4 2023

Market Overview U.S. commercial real estate investment volume continued to decline, falling 44% year-over-year to $81 billion...

Read More
May 19, 2022 Commercial

Q1 2022 Commercial Real Estate Market Overview

May 19, 2022 Commercial

Q1 2022 Commercial Real Estate Market Overview

Commercial real estate investment activity remained robust heading into 2022. Total U.S. commercial real estate investment...

Read More
Recent Posts
  • U.S. Economy & Market Update Q1 2024
  • Commercial Real Estate Market Update Q1 2024
  • Habitat for Humanity Build Day
  • Investment Opportunity: Fully Leased Multi-Tenant Strip Center
  • Commercial Real Estate Market Update Q4 2023
Categories
  • Architecture
  • Brasada
  • Commercial
  • Custom Home
  • General
  • Interior

Copyright © 2020-2024 Grandway Group. All Rights Reserved.

Terms & Conditions | Disclaimers & Disclosures | Online Privacy Policy | Blog | Careers