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Bigger muscle space. (Real Estate).


Chatsworth's Powerhouse Gym is bulking up.

The holder of the franchise for the fitness center at 20745 Nordoff St. has assumed the lease for a 63,000-square-foot building at the corner of Nordoff Street and De Soto de So·to   , Hernando or Fernando 1496?-1542.

Spanish explorer who landed in Florida in 1539 with 600 men and set out to search for the fabled riches of the north.
 Avenue, and will be moving from its current location a half a block away to the new site this summer. The building, once a Builder's Discount home improvement center, had been a warehouse.

The remaining 20 years on the lease was valued at $7 million, according to according to
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1. As stated or indicated by; on the authority of: according to historians.

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 owner Derek Scharlin, who will be spending an additional $1 million on improvements.

"I've always been interested in this spot," said Scharlin, who opened the existing, 20,000-square-foot Powerhouse Gym 10 years ago. "We're picking up opportunities such as (having) an indoor basketball court and a racquetball racquetball, sport played indoors by two or four players, combining elements of court handball and such racket games as squash racquets. It is played on a standard handball court 40 ft (12.2 m) long, 20 ft (6.  court. It will expose us to a customer base that doesn't consider us now."

Upon build-out, Powerhouse will be taking 45,000 square feet for its operations, and will lease out the balance to complementary businesses like a food service operator, a chiropractor chiropractor

a practitioner in chiropractic.

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  • Dambe (Hausa Boxing)
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  • Nguni stick fighting
  • Rough and Tumble
Senegal
 center.

Staff reporter Danny King can be reached at (323) 549-5225 ext. 230, or at dking@labusinessjournal.com.
COPYRIGHT 2002 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Chatsworth's Powerhouse Gym
Comment:Bigger muscle space. (Real Estate).(Chatsworth's Powerhouse Gym)
Author:King, Danny
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 29, 2002
Words:196
Previous Article:We're done here. (Real Estate).(Brief Article)
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