The Village at Leesburg announced today that Leisure
Fitness Equipment LLC, a top dealer for brand name fitness equipment, has signed a lease for retail space within the 1.2 million square foot mixed-use project located at VA Route 7 and Crosstrail Blvd. Leisure Fitness is expected to open in the first quarter of 2012 and will occupy
2,255 square feet of retail space in suite 100 of the 1603 block of Village Market Blvd.
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Leisure Fitness Coming to Village at Leesburg
1. FOR IMMEDIATE RELEASE
LEISURE FITNESS SIGNS RETAIL LEASE
AT VILLAGE AT LEESBURG
LEESBURG, Va. (October 27, 2011) – The Village at Leesburg announced today that Leisure
Fitness Equipment LLC, a top dealer for brand name fitness equipment, has signed a lease for
retail space within the 1.2 million square foot mixed-use project located at VA Route 7 and
Crosstrail Blvd. Leisure Fitness is expected to open in the first quarter of 2012 and will occupy
2,255 square feet of retail space in suite 100 of the 1603 block of Village Market Blvd.
The tenant was represented by Kirk L. Cheney and Craig S. Cheney with KLNB Retail, while
Village at Leesburg was represented by its exclusive retail leasing team, Dimitri Georgelakos
and Susan Pan from KLNB.
“The Leesburg region continues to grow in wellness minded people that understand the
importance of living a healthy lifestyle,” said Pete Moravek, store manager of Leisure Fitness in
Leesburg. “As always, Leisure Fitness will provide a full selection of home fitness equipment
including all the top brands like Precor, Life Fitness, PaceMaster, and more. Leisure Fitness will
be expanding the Be Fit, Stay Fit – Wellness Outreach Program to the Virginia market by
offering free Corporate Wellness Seminars to the local organizations.”
With 18 locations in the Northeast, Leisure Fitness is one of the nation’s top dealer’s for name-
brand fitness equipment including Precor, Nautilus, Bowflex and Life Fitness. Leisure Fitness is
committed to providing the highest quality tools to help consumers get fit and stay fit.
“We’re excited to have the premier fitness equipment dealer come to Village at Leesburg,” said
Michael Wheat, executive vice president, director of leasing for Village at Leesburg. “Leisure’s
commitment to their customers and quality exercise equipment is unparalleled and makes them a
great addition to our community.”
Village at Leesburg is a vertically-integrated, four-story village which encompasses 57 acres and
features approximately 520,000 square feet of retail space, combined with 150,000 square feet of
office product and 335 luxury multi-family residences. The residential component is complete
and all units are available for rent. Approximately 98% of the units already have been leased. A
Cypress Equities company* is developing the commercial components of the project and Kettler
is developing the residential component. The Carlyle Group is the lead equity partner in the
development and KLNB Retail is handling the leasing of the retail sections.
The center includes a roster of 35 retailers now open including Wegmans Food Markets, LA
Fitness, AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners, Eggspectation,
Faang Sushi & Thai Restaurant, Finnegan’s Sports Bar & Grill, Flame Kabob, Frilly Frocks,
Hamilton’s Sofa & Leather Gallery, Hour Eyes, Katie’s Nails & Spa, King Pinz, Massage Envy,
Neibauer Dental Care, Noodles & Company, Plow & Hearth, Potomac River Running, Salon
Montage, Sleepy’s, The Dandelion Patch, Tiny Toes Dance Academy, Travinia Italian Kitchen,
2. Verizon Wireless, Pinkberry, Cobb Village 12 Cinemas and Wells Fargo Bank. Additional
signed tenants that are expected to be operational this fall are G5 Salon, Firebirds Wood Fired
Grill and Altar’d State. Aqua-Tots Swim School is expected to open during the first quarter of
2012.
About Leisure Fitness
Leisure Fitness now has 18 fitness equipment super stores covering DE, PA, NJ, MD, VA.
Leisure Fitness offers high-quality fitness equipment to fit a home, office, and corporate needs.
Equipment includes ellipticals, treadmills, recumbent and upright bikes, home gyms, rowing
machines, free weights, and accessories. Leisure Fitness operates under the philosophy that to
reach a wellness destination people must have education and motivation. Therefore, Leisure
Fitness provides a professional, educated staff of fitness experts who are knowledgeable about all
of the equipment's capability and performance specifications as well as what equipment is right
for any of the countless individual needs that their customers can and will have.
About Cypress Equities
Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco, New
York and Fort Lauderdale. Today, Cypress Equities companies are developing and managing
approximately 10 million square feet in projects throughout the U.S. and Caribbean, consisting of
community and power centers, as well as vertically integrated mixed-use villages that incorporate
retail, residential, hotel and offices. Visit www.cypressequities.com for more information.
*The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent
operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of
the specific entity that incurs such obligation or supplies such service or product.
About Kettler
Founded by Robert C. Kettler in 1977, Kettler is among the largest private real estate and
property management companies based in the DC metro area and one of the nation’s top
multifamily developers. The firm’s diverse business model has led to the delivery of five million
square feet of commercial space and over 50,000 homes in its master-planned communities.
Kettler’s rental portfolio includes high-end, market rate, affordable and fee managed assets, and
the management company has been awarded the Pillars of the Industry Award. Currently, Kettler
is developing commercial, resort and transit-oriented mixed-use projects. For more information,
please visit www.Kettler.com.
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For additional information:
Randa McMinn Cecille Tynes
Cypress Equities Kettler
214-561-6007 703-226-6040