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Colliers Reno Signs Crunch Fitness for 30,000 SF in Sparks

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Roxanne Stevenson and Casey Scott represented Gerrity Group in the lease to fitness operator, Crunch Fitness, in Legends at Sparks Marina

Reno, NV, May 18, 2021 – Colliers | Reno is pleased to announce that Crunch Fitness, a nationwide gym/fitness center, has signed a long term lease at 1315 Scheels Drive in Northern Nevada’s single most comprehensive retail center, Legends at Sparks Marina and the Outlets at Sparks Marina. Roxanne Stevenson and Casey Scott, CCIM of Colliers’ Reno office brokered the lease on behalf of the landlord Gerrity Group.

The 30,000 square foot anchor space, previously occupied by Best Buy, is centrally located within the 1.3 million square foot power center, The Legends at Sparks Marina, which is anchored by Scheel’s Sporting Goods, Target, Lowe’s and Galaxy IMAX Theaters. Legends is occupied by an outstanding mix of retailers and outlet stores, including TJ Maxx, Old Navy, Nike, H&M, Gap, Petco, and Banana Republic. Restaurants in the center include Blaze Pizza, Jersey Mike’s, Chick-fil-A, Habit Burger, Chipotle, Jimmy John’s, and Taco Bell. Located on the junction of Interstate 80 and Sparks Boulevard, the center is highly visible to more than 85,000 cars daily. “The former Best Buy location will be transformed into a hub of activity that provides a much needed service for the surrounding single family, multi-family, and hotel properties.” Casey Scott, Colliers | Reno.

In a region that has been met with many hurdles throughout the COVID-19 pandemic, retail activity spent the last year adapting to business mandates and customer capacity limits. Fortunately, Reno is poised for a rebound in the coming months with plans to return to 100 percent business capacity by the 1st of June. The greater Reno/Sparks area has experienced 11.6 percent population growth from 2015 to 2020. National retail sales saw a seasonally adjusted 9.8 percent surge in March, the largest increase in the past 10 months. Loosening restrictions combined with strong population growth and a large uptick in retail sales have set Reno up for a retail revival.

Crunch Fitness has one existing location at 5353 Meadowood Mall Circle in Reno, which it opened in August 2019. It is also opening a new location soon in North Las Vegas. The fitness club focuses on fostering a “No Judgements” community with a philosophy of positivity, inclusivity, and fun. Crunch Fitness plans to open its Sparks location in late Summer 2021. Crunch Fitness has more than 300 locations worldwide and is continuing its rapid growth trajectory.

Colliers is excited to welcome Crunch Fitness to the already diverse tenant mix at the Legends at Sparks Marina. Currently, Colliers represents three other available spaces at Legends: a 7,500 square foot space with co-tenants including TJ-Maxx, PetCo, and Target; a 5,852 square foot restaurant improved space, previously occupied by Fuddruckers; and a 1,200 square foot restaurant improved space, which was formerly Menchies Yogurt.

About Colliers International
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Media Contact:
Bob Shanahan
Research Manager
Colliers International | Sacramento
+1 916 563 3018
bob.shanahan@colliers.com

 

 


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Roxanne Stevenson

Senior Vice President

Reno

Roxanne Stevenson is a Senior Vice President for the Retail Services Group. She has over thirty years of experience in investment and land sales; tenant and landlord representation; leasing and facilities management for retail properties in Northern Nevada. Roxanne list of clients include some of the most prominent property owners and tenants in Northern Nevada. She has also been on several development teams assisting in assembling, designing, developing and pre-leasing new retail properties.

She has been a guest lecturer at the University of Nevada, Reno and serves on the Board of Directors for Commercial Women in Real Estate (CREW), the Advisory Board for the Small Business Development Center (SBDC) at the University of Nevada, Reno, and is an active member of ICSC.

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Casey Scott

Vice President

Reno

As an industrial sales and leasing associate in Northern Nevada, I am happy to apply the skills that I developed as a leading retail associate over the last several years. In my retail role, I harnessed my industry knowledge and provided exceptional value to my clients. My extensive client list includes some of the most prominent owners, tenants, and developers in the area such as Shopoff Realty Investments, ALS Geochemical, and McKenzie Development. I have successfully leased and sold property ranging from small single-tenant suites to large multi-parcel shopping centers.  

Due to the adjusting marketplace post COVID, traditional retailers are adapting and merging with industrial and supply chain opportunities to narrow the gap between manufacturer and consumer. I saw an opportunity to add value to my clients and change my focus to industrial services. My services include industrial landlord and tenant representation and investment sales in which I bring a pragmatic and analytical approach.  

Prior to joining Colliers, I spent nine years in the retail automotive industry where I developed in depth knowledge of the Northern Nevada community as well as the rewards and challenges associated with small business.  

As a former flight instructor and airline pilot I have a keen interest in the integration of complex systems, processes and human factors.  A lifetime of self-discipline, attention to detail, and continuous evaluation helps me realize my client’s overarching business objectives. Delivering the counsel and services necessary for true ‘win-win’ transactions is my goal. 

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