April 26, 2024

Crunch Hagerstown Leases 30,973 Square Feet Of Retail Space At Centre At Hagerstown

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BALTIMORE, MD (April 26, 2024) – Crunch Hagerstown, part of the Crunch Fitness franchise and a concept that fuses fitness and entertainment with a philosophy of “No Judgments,” has signed a lease with Continental Realty Corporation (CRC) for 30,973 square feet of space at Centre at Hagerstown and will occupy the former Bed Bath and Beyond space. Chad Smith is the franchise owner of this location. The lease elevates occupancy of the 296,791 square foot regional shopping center in Hagerstown, Maryland to 97 percent. Melissa Sweeney, CRC’s Commercial Leasing Manager, together with Matt Copeland and Michael Patz of KLNB Retail, represented the landlord, and Ryan Wilner of KLNB Retail represented the tenant in this transaction.

CRC, a Baltimore-based real estate investment and management company, acquired Centre at Hagerstown in 2019. The property, located at 17850 Garland Groh Boulevard in Hagerstown, is anchored by Burlington, Home Goods, Marshalls, PetSmart, Regency Furniture, 2nd & Charles, and Party City. MY SALON Suite and AutoZone signed leases at the center last fall.

Crunch Fitness serves more than two million members with more than 450 gyms in seven countries, including locations in 41 U.S. states. Its “No Judgments” concept serves “everyone, regardless of shape, size, age, race, gender or fitness level.” Crunch Hagerstown offers cardio and strength training equipment, a functional training area with indoor turf, group fitness and boxing studios, a personal training studio, Cycle Studio, HITTZONE, 3D-body scanners, saunas, HydroMassage® chairs, tanning beds, and Infrared wellness pods.

Positioned at the intersection of Interstate 81 and National Pike (US Route 40), Centre at Hagerstown includes 10 pad sites with direct roadside visibility from both highways. These sites are predominantly leased and occupied by national fast-casual and quick-service restaurant brands. More than 54,000 people reside within a three-mile radius of Centre at Hagerstown, with the average household income exceeding $60,000.

More than 64,000 vehicles pass Centre at Hagerstown per day via Interstate 81, and the center also features a signalized entrance on US Route 40. Shadowing the shopping center are The Home Depot and Walmart Supercenter, both of which feature an abundance of free parking. There are also numerous business communities in the immediate vicinity. The daytime population within a three-mile radius of Centre at Hagerstown swells to nearly 30,000 people.

Hagerstown, the county seat of Washington County, ranks as the sixth largest incorporated city in the State of Maryland. The Hagerstown-Martinsburg Metropolitan Area extends into West Virginia, with a collective population of approximately 270,000 people.

“We are excited about the Crunch Fitness brand and the fitness offerings they will provide the community,” stated Kristina O’Keefe, CRC’s Vice President, Commercial Division. “Together with the leasing we completed over the last several years, we continue to fulfill our goal of creating a tenant mix at Centre at Hagerstown that satisfies the daily and weekly needs of local consumers.”

Headquartered in Baltimore, Maryland and founded in 1960, Continental Realty Corporation is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of nearly eight million square feet of commercial space and over 9,000 apartment homes across 11 states, with a portfolio value exceeding $3.7 billion. For additional information, visit www.crcrealty.com.