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Bay Area Family Fitness Centers to open in San Jose, Calif.
Walnut Creek, Calif. -- Grubb & Ellis Co. said that Bay Area Family Fitness Centers has leased 38,133 sq. ft. of retail space at Gould Shopping Center, in San Jose, Calif.
The space will serve as the second location for the company, which markets affordable fitness. It is expected to open by year-end.
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CBL to acquire Northgate Mall
Chattanooga, Tenn. -- CBL & Associates Properties said Thursday that it has agreed to acquire Northgate Mall in CBL’s hometown of Chattanooga, for $11.5 million in cash.
The mall was listed for sale through an online auction. CBL anticipates closing on the transaction by Oct. 6.