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Moawad of Levin brokers 16,000 s/f lease for Planet Fitness at Twin City Shopping Center in Jersey City

Writer: MAREJ
MAREJ
6 hours ago
1 min read

JERSEY CITY, NJ — Planet Fitness is coming to Twin City Shopping Center in Jersey City, bringing the 95,000 s/f, grocery-anchored property to full occupancy. The nationally recognized fitness brand has leased a 16,000 s/f space at the center, located at the intersection of Garfield Ave./Broadway and 53rd St.

Levin Management Corporation (LMC) serves as leasing and managing agent for Twin City Shopping Center. E.J. Moawad, LMC senior leasing representative, arranged the lease on behalf of the property ownership. Jack Chera of RIPCO Real Estate LLC represented Planet Fitness in the transaction.

The Planet Fitness commitment builds on significant leasing momentum at Twin City Shopping Center, where recent additions include PB Club, Jersey City’s first dedicated indoor pickleball facility; children’s play concept Catch Air; and Sakura Teriyaki. The center’s tenant lineup also includes Aqui Market, Wendy’s, Taco Bell, Popeyes Louisiana Kitchen and Dunkin’, along with a variety of neighborhood retailers and service providers.

The Planet Fitness lease brings Twin City Shopping Center to full occupancy and follows a period of leasing activity and capital investment at the property. Recent improvements include façade and stonework upgrades, sidewalk enhancements, LED site lighting, pylon signage, fencing, landscaping and Tesla EV chargers.

The transaction also continues LMC’s activity with Planet Fitness, with the firm completing several leases with the fitness brand across its managed portfolio in recent years.

Twin City Shopping Center’s location on the Jersey City/Bayonne border – just off Exit 14A of the New Jersey Turnpike – contributes to its appeal. Easily accessible via a network of local roadways, the center serves a densely populated trade area and draws approximately 2.8 million visits annually, according to Placer.ai.

 
 
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