By Roxana Baiceanu
Fitness company [solidcore] is getting ready to open its first location in Chicago. The firm has signed a 2,200-square-foot lease at 463 W. Chicago Ave. in the River North neighborhood. A team of brokers from CBRE represented the tenant in the transaction. Cushman & Wakefield worked on behalf of the landlord.
“This location has excellent benefits for [solidcore], including close proximity to several luxury residential towers as well as numerous anchor office users in the immediate vicinity,” said CBRE Vice President Phil Golding, in prepared remarks. Golding also arranged the first Chicago lease for Danish company Joe & The Juice back in August.
The 12th market
The River North studio will be equipped with 12 Sweatlana machines and will offer customers a variety of classes in small format. It will also display the company’s signature elements, which include blue lighting, custom wallpaper, raw industrial concrete floors and wooden pallet walls.
Chicago will be the 12th U.S. market Washington, D.C.,-based [solidcore] has entered since 2013 when it was founded. The new location brings the company closer to reaching its goal of having 30 fitness centers opened across eight states by the end of the year. The expansion is bolstered by a strategic partnership closed with Peterson Partners.
Aside from Golding, the CBRE team of brokers included Senior Vice President Todd Siegel and Associate Kimberly Wiskup. Senior Directors Danny Jacobson and Meredith Oliver made up the Cushman & Wakefield team.
Image courtesy of [solidcore]