Planet Fitness has quickly taken advantage of store and gym exits on Long Island, where the discount chain is reclaiming large vacant spaces.
The Hampton, New Hampshire-based chain has opened two new gyms on Long Island and relocated one in recent months and plans to open at least three more in the area by the end of the year. year.
The chain has 26 gyms on Long Island, up from 17 in April 2019.
Planet Fitness Inc., which opened 132 new gyms in 2021, has more than 2,290 gyms in North America and Australia. The channel ended the first quarter of this year with a record number of members, 16.21 million.
“As of the start of 2021…they are fourth in the US among all tenants leasing retail space,” said Brandon Svec, national director of US retail analytics at CoStar. Group Inc., a Washington, DC-based commercial real estate information provider. .
Planet Fitness has taken advantage of vacancies created during the COVID-19 pandemic to secure good locations at favorable rents, said Jack Chera, executive general manager of Ripco Real Estate’s Woodbury office and Planet Fitness’ exclusive Long Island broker. .
“All of these clubs that we are opening now were all signed during COVID,” he said.
Planet Fitness declined Newsday’s request for comment on its growth strategy.
Here’s a look at the six Planet Fitness gyms that recently opened or will open on Long Island in 2022:
- Carle Square: In May, a Planet Fitness on Glen Cove Road moved 0.7 miles to 177 Old Country Rd., where it took what was left of a space Toys R Us vacated in 2017.
The gym moved because Planet Fitness wanted a more prominent location, said Christopher Wierzbicki, director of Pliskin Realty and Development Inc., the Garden City company that owns the Glen Cove Road mall.
The Old Country Road Gymnasium occupies 18,000 square feet at Carle Place Commons.
The rest of the Toys R Us space is taken up by discount home decor store HomeSense, said Robert Goldfeder, leasing manager at Woodmere-based property developer Basser-Kaufman, owner of Carle Place Commons.
- Merrick: A Planet Fitness will open Aug. 17 at Merrick Commons, said Chloe Blair, spokeswoman for the gym chain. The gym will occupy 15,038 square feet of space that women’s clothing store Mandee vacated last year, said Chris Ostrowski, a spokesman for Kimco Realty Corp., the Jericho-based real estate investment trust that owns Merrick. Commons.
The gym will be at 1630 Merrick Rd.
- patch: A new Planet Fitness splits a former Pathmark supermarket with a Giunta’s Meat Farms grocery store. The gym, which opened in June, occupies about 17,000 square feet, while Giunta’s, which owns the building, has occupied about 47,000 square feet since April 2020, said Greg Batista, who works in the Woodbury office of Ripco Real Estate and is one of two brokers who represented the owner in the rental.
The gym is located at 399 Rte. 112.
- Full View: A new Planet Fitness will occupy 19,159 square feet of a former Fairway Market grocery space at Manetto Hill Plaza on Manetto Hill Road. The gymnasium will open by the end of this year, Blair said.
At 55,162 square feet, the 19-year-old Fairway was the mall’s largest tenant when it closed in July 2020, several months after its parent company filed for Chapter 11 bankruptcy. .
Manetto Hill Plaza is owned by Kimco Realty.
- Syosset: A Planet Fitness will open at 54 Ira Rd. in September, Blair said.
- The 16,664-square-foot gym will be located in space formerly occupied by New York City Sports Clubs in the Syosset Mall.
- Western Babylon: A Planet Fitness and Lidl discount grocery store share space that was once occupied by a Best Market grocery store in downtown West Babylon.
The gymnasium opened on July 17 at 533 Montauk Hwy. It occupies 21,700 square feet, while Lidl, which opened in September, occupies 36,000 square feet, said Goldfeder, of Basser-Kaufman, owner of West Babylon Town Center.
Find the right fit
The fitness industry as a whole has seen a 25% decline in gym locations since the pandemic began in 2020, said Rick Caro, the founder of the International Health, Racquet and Sportsclub Association (IHRSA). , a Boston-based business group.
But high-volume, low-cost gyms — Planet Fitness is the biggest chain in that segment — have seen faster growth and recovery, said Caro, who is also president of Management Vision Inc., a Manhattan-based fitness consulting firm. industry.