EoS Fitness is continuing its aggressive expansion strategy in the Phoenix area and the gym locations are hot assets for real estate investors.

In the second quarter of 2024, Dallas-based EoS opened five new gyms around the country, with two of them being in Arizona – in Laveen at the Loop 202 and Baseline Road and east Mesa near Signal Butte Road and US-60. Both of those newly constructed gyms were recently acquired by W. P. Carey Inc. (NYSE: WPC), a net lease-focused real estate investment trust headquartered in New York City.

Read more here

By Brandon Brown – Senior Reporter, Phoenix Business Journal