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ERG Property Advisors Leases Former Circuit City to Gold's Gym in Middletown, NY

NEW YORK — January 10, 2014 — ERG Property Advisors is pleased to announce the signing of a 10-year lease covering 28,000 SF at 109 Dunning Road, Middletown, New York 10940. - also known as the former Circuit City building, located in Wallkill Town Center.
 
The lease covers a 28,000 square foot free standing building that once housed Circuit City in Middletown, New York. The new gym will feature a coffee and smoothie bar and an array of fitness classes, including yoga, indoor cycling and the extremely popular CrossFit.
 
Wallkill Town Center is anchored by Price Chopper Supermarkets. Additional tenants include La-Z-Boy Furniture Gallery, Gemini Tile, Weight Watchers, Provident Bank, County Dental, Emiliani Beauty Supply, Orange Physical Therapy and A Cut Above Hair Salon.
 
“The Middletown area market is underserved for health clubs, particularly in Wallkill. Many vacant Circuit City stores across the country have been repurposed to house Gold's Gyms. The layout of the former Circuit City building and its location in the heavily trafficked shopping center make it a good fit for Golds Gym.” Said Greenberg and Street.
 
Andrew Greenberg and Evan Street of ERG Property Advisors, exclusively represented this transaction.
 
For more information about this property, please contact Andrew Greenberg at (646) 253-0950 or email agreenberg@ergpa.com. Or contact Evan Street at (646) 253-0965 or email estreet@ergpa.com.
 
About ERG Property Advisors
ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG’s Retail Division specializes in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit www.ergpa.com for recent deals and press coverage.
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