Fit competition.Fitness chain Equinox equinox (ē`kwĭnŏks), either of two points on the celestial sphere where the ecliptic and the celestial equator intersect. The vernal equinox, also known as "the first point of Aries," is the point at which the sun appears to cross the Holdings Inc. has inked a lease for space at 10960 Wilshire Blvd. in Westwood. The move is part of Equinox's plan to nearly double the 20 clubs it now operates by the end of 2006. Equinox has three clusters: California, New York and Chicago. The Westwood lease is for 42,000 square feet on the second and third floors of the building at the corner of Wilshire Boulevard and Midvale Avenue. The space was last occupied by Walt Disney Co. Terms were not disclosed. "We're excited to finally be accelerating our growth strategy in the Los Angeles market," said Harvey Spevak, president and chief executive of New York-based Equinox. "We believe over time, Los Angeles and Orange County can support between 10 and 12 Equinox locations." The 24-story building in Westwood, owned by Equity Office Properties Trust Equity Office Properties Trust, headquartered in Chicago, Illinois, is the largest owner of office buildings in the United States. It was formed in 1976 by Samuel Zell [1] and in February 2007, was acquired by the Blackstone Group for $23 billion plus the assumption of , is 45 percent leased. Other tenants include advertising agency BBDO BBDO Batten, Barton, Durstine & Osborn BBDO Bringing Biogeographic Data Online Worldwide, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and RBB RBB Rundfunk Berlin-Brandenburg (TV channel) RBB Results Based Budgeting RBB Residential Broadband RBB Right Bundle Branch RBB Reverse Body Bias (electronics) RBB Rebirth Brass Band Architects Inc. Equinox plans to open the Westwood club in the fall of 2005. Its other L.A.-area clubs are at the Paseo Colorado shopping complex in Pasadena and at 8590 Sunset Blvd. in West Hollywood. It is scheduled to open a club this month in Santa Monica. Equinox's Westwood location will be across the street from LA Fitness' 35,000-square-foot club at 10921 Wilshire Blvd. Staff reporter Rebecca Flass can be reached at (323)549-5225, ext. 230, or at rflass@labusinessjournal.com. |
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