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Precor UK
Precor UK
Precor UK
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Blink Fitness accelerates expansion with multi-site deal with US property trust

Budget operator Blink Fitness has signed a multi-unit lease deal with real estate investment trust (REIT) Seritage Growth Properties.

The deal will see 17 corporate and franchisee-owned gyms being launched at major metropolitan areas across 10 US states and is a part of Blink Fitness' aggressive strategic growth strategy.

"At a time when many retailers are shutting their doors, Blink is thriving," said Todd Magazine, CEO of Blink Fitness.

"Seritage recognised our strengths and was eager to find real estate opportunities for us across the country as we continue to grow our footprint.

"Our partnership with Seritage is one of the many exciting real estate initiatives driving our rapid national expansion."

Launched in 2011, Blink Fitness currently operates 70 company-owned locations across New York, New Jersey, Pennsylvania and California, and has a number of additional corporate- and franchisee-owned locations in various stages of development in major US markets.

Magazine added that Blink will have more than 85 locations open and operating by the end of 2018, and will enter additional markets over the next year.

He also expects Blink to surpass the 300-unit mark over the next five years, with further multi-unit deals helping to drive growth.

Founded in 2015, Seritage Growth Properties is a publicly-traded REIT with 225 wholly-owned properties and 24 joint venture properties.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Budget operator Blink Fitness has signed a multi-unit lease deal with real estate investment trust (REIT) Seritage Growth Properties.
HAF
THUMB28231_718260.jpg
Latest News
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The world's largest fitness trade fair, FIBO, has been rescheduled to November. The event will ...
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PM, Boris Johnson, has confirmed that gyms, swimming pools and leisure centres in England will ...
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HCM Magazine
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HCM Magazine
When Geoff Whitington started to see his life unravel as a result of diabetes, his sons Anthony and Ian gave up their jobs to help him change his lifestyle. This resulted in a new lease of life for all of them. Anthony Whitington, co-creator of BBC documentary, Fixing Dad, speaks to HCM’s Kath Hudson about the journey the family has been on, their mission to inspire others to engage with their health and the launch of new initiative, Fixing Us
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Resistance training is just as beneficial for women over the age of 50 as it is for men, according to a new study from the University of New South Wales
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The great debate
Most of the world is dealing with some form of disruption to daily life, work life and finances, as well as navigating an uncertain world. Even those who enjoy robust mental health are finding themselves suffering from stress, anxiety, low mood and insomnia. What can the health and fitness industry do to help? Kath Hudson reports
HCM Magazine
Editor's letter
There’s never been a more important time for us all to be focused on lobbying, as the industry fights for its work and potential to be recognised and supported
HCM Magazine
HCM People
Coming from a personal training background, my experience has taught me that people hire the trainer before the training
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Offering red light therapy to your members can create a valuable source of secondary spend, while also supporting them with their recovery and delivering improvements to mobility, circulation and muscle soreness, as Karen Maxwell explains
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If we could get bike journeys up from 2% to 4% it would make a huge impact on emissions, people’s health and mental wellbeing
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Pulse Fitness has recently completed a refurbishment of the fitness facilities at iGym London.
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Click on a catalogue to view it online
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Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Trade associations
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Flooring
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Wearable technology solutions
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Property & Tenders
Diary dates
23-26 Feb 2021
IFEMA, Madrid, Spain
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03-04 Mar 2021
NEC, Birmingham, United Kingdom
Diary dates
03-06 Jun 2021
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13-14 Jun 2021
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16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

Blink Fitness accelerates expansion with multi-site deal with US property trust

Budget operator Blink Fitness has signed a multi-unit lease deal with real estate investment trust (REIT) Seritage Growth Properties.

The deal will see 17 corporate and franchisee-owned gyms being launched at major metropolitan areas across 10 US states and is a part of Blink Fitness' aggressive strategic growth strategy.

"At a time when many retailers are shutting their doors, Blink is thriving," said Todd Magazine, CEO of Blink Fitness.

"Seritage recognised our strengths and was eager to find real estate opportunities for us across the country as we continue to grow our footprint.

"Our partnership with Seritage is one of the many exciting real estate initiatives driving our rapid national expansion."

Launched in 2011, Blink Fitness currently operates 70 company-owned locations across New York, New Jersey, Pennsylvania and California, and has a number of additional corporate- and franchisee-owned locations in various stages of development in major US markets.

Magazine added that Blink will have more than 85 locations open and operating by the end of 2018, and will enter additional markets over the next year.

He also expects Blink to surpass the 300-unit mark over the next five years, with further multi-unit deals helping to drive growth.

Founded in 2015, Seritage Growth Properties is a publicly-traded REIT with 225 wholly-owned properties and 24 joint venture properties.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Budget operator Blink Fitness has signed a multi-unit lease deal with real estate investment trust (REIT) Seritage Growth Properties.
HAF
THUMB28231_718260.jpg

News

Mobile data and analytics provider App Annie has released its State Of Mobile 2021 report,
The world's largest fitness trade fair, FIBO, has been rescheduled to November. The event will
PM, Boris Johnson, has confirmed that gyms, swimming pools and leisure centres in England will
The re-opening of gyms in Wales has been pushed back by the country's First Minister
The physical and mental health of women in the UK has been put under unprecedented
Excess body fat and obesity are likely to have contributed to more deaths in England
fibodo Limited
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The financial performance of health club operator SATS in the last quarter of 2020 was
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Data published today (17 February) shows that for every 100,000 visits to UK gyms and
People aged 40 living with Type 2 diabetes face a "disproportionately increased risk of dying
Barbara den Bak, Tom Moos, and Clare Stobart have been announced as speakers for ukactive's
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MyZone Group Ltd
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Miha Bodytec GmbH
Miha Bodytec GmbH
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HCM Magazine
Retention
More than 1,700 industry professionals from 47 different countries joined the virtual Retention Convention recently, making it one of the sector’s largest online events of the year
HCM Magazine
When Geoff Whitington started to see his life unravel as a result of diabetes, his sons Anthony and Ian gave up their jobs to help him change his lifestyle. This resulted in a new lease of life for all of them. Anthony Whitington, co-creator of BBC documentary, Fixing Dad, speaks to HCM’s Kath Hudson about the journey the family has been on, their mission to inspire others to engage with their health and the launch of new initiative, Fixing Us
HCM Magazine
Research
Resistance training is just as beneficial for women over the age of 50 as it is for men, according to a new study from the University of New South Wales
HCM Magazine
The great debate
Most of the world is dealing with some form of disruption to daily life, work life and finances, as well as navigating an uncertain world. Even those who enjoy robust mental health are finding themselves suffering from stress, anxiety, low mood and insomnia. What can the health and fitness industry do to help? Kath Hudson reports
HCM Magazine
Editor's letter
There’s never been a more important time for us all to be focused on lobbying, as the industry fights for its work and potential to be recognised and supported
HCM Magazine
HCM People
Coming from a personal training background, my experience has taught me that people hire the trainer before the training
HCM Magazine
Sponsored
Offering red light therapy to your members can create a valuable source of secondary spend, while also supporting them with their recovery and delivering improvements to mobility, circulation and muscle soreness, as Karen Maxwell explains
HCM Magazine
HCM magazine
It speaks volumes that the very first time we went for Investors in People, we came out with a gold rating. Our culture is very important to us
HCM magazine
Muir Gray has a vision for a world where exercise professionals help people live longer, better lives into old age
HCM magazine
HCM People

Adam Tranter

Founder, #Bike is Best and Cycling Marketing Board
If we could get bike journeys up from 2% to 4% it would make a huge impact on emissions, people’s health and mental wellbeing
HCM magazine
Our members can find everything they’re looking for here, from a weekday morning workout class to a weekend date night
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All products have been priced competitively, using Amazon as a benchmark, to ensure the shop can thrive in a competitive market
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Sport Relief’s ultimate objective was to reach the poorest and most disadvantaged... to inspire, encourage and motivate the most marginalised in our society
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Third Space members embrace new digital app, viewing 75,000 workouts in just three months
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Featured supplier news
Featured supplier: Pulse Fitness updates iGym London with state-of-the-art technology
Pulse Fitness has recently completed a refurbishment of the fitness facilities at iGym London.
Featured supplier news
Featured supplier: The Retention People unveil 2020 Member Experience Awards winners
Member engagement software provider The Retention People (TRP) has unveiled the winners of its annual 2020 Member Experience Awards (MEA).
Video Gallery
Excite Live Experience: Join the party with Technogym
Technogym
The new Excite line makes training more fun and inspiring for any age or fitness level with lots of workouts and entertainment options. Read more
More videos:
Company profiles
Company profile: Octane Fitness
A global innovator of high-performance fitness equipment, Octane Fitness, a Nautilus, Inc. brand, continually redefines ...
Company profiles
Company profile: Myzone Group Ltd
At Myzone we reward Effort to solve the pervasive problem of ‘diminishing motivation within exercisers’ ...
Supplier Showcases
Supplier showcase - Egym: Game changer
Supplier Showcases
Supplier showcase - Venueserve Fitness
Catalogue Gallery
Click on a catalogue to view it online
Directory
Uniforms
Service Sport: Uniforms
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Trade associations
International SPA Association - iSPA: Trade associations
Skincare
Sothys: Skincare
Member feedback software
AskNicely: Member feedback software
Exercise equipment
Pendex Fisio S.L.: Exercise equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Wearable technology solutions
MyZone: Wearable technology solutions
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Property & Tenders
Diary dates
23-26 Feb 2021
IFEMA, Madrid, Spain
Diary dates
03-04 Mar 2021
NEC, Birmingham, United Kingdom
Diary dates
03-06 Jun 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
12 Jun 2021
Worldwide, Various,
Diary dates
13-14 Jun 2021
Online,
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
Search news, features & products:
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Precor UK
Precor UK