1Up Fitness inks lease in Hollywood

This is the first North American location for the Berlin-based company

Jan.January 22, 2018 05:00 PM
962 North La Brea (Credit: Jay Luchs, Pixabay)

A fitness club company with a sizeable footprint in Europe is opening a branch in Los Angeles, its first location in North America.

1 Up Fitness Group North America, a subsidiary of Berlin-based McFit Global Group, has leased the entire five-story building at 962 North La Brea on the outer edges of Hollywood, The Real Deal has learned.

Its parent company, McFit Global Group, has more than 1.4 million members across 260 fitness clubs in Europe, according to its website. It also has a mobile application for health-enthused clients.

Located at the intersection of La Brea Avenue and Romaine Street, the 56,250-square-foot vacant building includes three 12,500-square-foot floors, as well as two other floors spanning 6,250 square feet each. A rooftop patio, space for a 10,000-square-foot retail and 140 parking stalls can also be found onsite. The company has an existing office in Santa Monica.

BMB Investments, led by Ben Soleimani, has owned the property since 2005, when the firm paid $9.7 million to acquire it, according to Real Capital Analytics.  The West Hollywood-based development firm is also behind a project at 8659 Melrose Avenue, as well as rug showroom Mansour at 8600 Melrose, and the 30,000-square-foot Restoration Hardware at 8564 Melrose. No one could be reached for comment.

Kazuko Y. Morgan and Carine Mamann of Cushman & Wakefield shared the listing with Newmark Knight Frank’s Jay Luchs.

Related Articles

LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

From left: Michael Shabani, James Randall, and 8840 Beverly Boulevard (Credit: Getty Images)

Investor James Randall pays $36M for WeHo furniture showroom

From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams

Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

La Mirada industrial building

Clarion pays $77M for La Mirada industrial project