Wednesday, September 10, 2008

LA Fitness leases 37,500 square feet in Cypress Equities' Shops at Mockingbird

Developer Cypress Equities said Wednesday that it has leased space to LA Fitness in its new Shops at Mockingbird development near Dallas' Love Field.

The fitness center will take about 37,500 square feet in the 78,000 square-foot retail project which is under construction near Mockingbird Lane and Lemmon Avenue.

O'Brien & Associates designed the project.

And Mycon General Contractors is building the center.

Construction financing was provided a group of lenders including American National Bank of Texas, Legacy Bank of Texas and Coppermark Bank.

Cypress Equities has been working on the project since early 2007.

The development site previously was occupied by a Syms discount store.

Plans for a Wal-Mart superstore on the property were vetoed after neighborhood opposition.