Press Releases
Basin Street Properties’ Redwood Business Center Gets a
Healthy Boost
by Announcing Club One as its Newest Addition
Premier Fitness Center to Occupy 40,000+ Sq. Ft. and will Incorporate Sustainable Features; Club One’s First North Bay Location to Serve Petaluma’s Families and Business Community
PETALUMA, Calif., July 21, 2008 – Basin Street Properties, a prominent Northern California and Northern Nevada real estate investor of commercial and mixed-use properties, announces Club One, one of the premier fitness club networks in California, will join the Redwood Business Center at 1383 N. McDowell Blvd. in Petaluma, Calif. The club will occupy 40,000 sq. ft. of one of the four Class “A” buildings included in the new office complex. The two-story facility, designed by world-renowned architect Gensler, will incorporate sustainable features and will be the club’s first commercial North Bay location.
“We are thrilled to welcome Club One to the Petaluma community and this deal is indicative of the quality of tenants we continue to attract at the Redwood Business Center and throughout all of our properties,” said Scott Stranzl, vice president of leasing for Basin Street Properties. “The Redwood Business Center offers an unparalleled location for Club One where local businesses will now have a convenient option to provide health and fitness solutions to their employees, while families can enjoy a facility that meets their personal lifestyle needs.”
The new club will offer a large outdoor aquatics area featuring two pools, a two-story water slide, grill and sundeck, state-of-the-art fitness equipment, three group exercise studios, top-flight instructors, comprehensive fitness, sports and wellness programs, a childcare center, youth sports center, and a wide array of personal spa amenities. The spacious club lobby, lounge and meeting rooms will host local business, sporting and community events for members and guests. Completion is scheduled for the first quarter of 2009.
“We are excited to call the Redwood Business Center home to our first sports club location in the North Bay,” said Jill Kinney, managing director of Clubsource Development Partners and co-founder of Club One. “We look forward to bringing Club One to the Petaluma community and becoming part of the neighborhood. In addition to a beautiful new sports club that will serve all age groups in the community, Club One will also bring award-winning corporate wellness programs that will provide local employers with valuable health care cost reductions and new employee benefits. Furthermore, we are proud that this space is not only healthy for the community, but also for the environment.”
Redwood Business Center will be comprised of four separate three-story buildings totaling 254,000 square feet. Club One will be joining other business park tenants, including Glass Mountain Capital. Located on a prominent and visible Highway 101 corridor, Redwood Business Center is situated on the corner of Old Redwood Hwy and North McDowell Blvd and is within walking distance to more than one million square feet of restaurant and retail space.
Greg Moss of NAI BT Commercial represented Club One in the deal and Basin Street provided its own representation.
Clubsource Development Partners is a private health club developer, specializing in high-end family sports clubs. Owned by Jill Kinney and Kirk Wampler, Clubsource is the project developer and has selected Club One to provide management services. For more information, please call 415.722.2582
Club One was founded in 1991 by the entrepreneurial husband and wife team of John and Jill Kinney and is a leading provider of management services to the fitness industry in the United States. Operating 13 Club One branded clubs in Northern California, and five Frog’s Fitness branded locations in Southern California, Club One is a leading provider of fitness management services and manages more than 60 quality fitness and wellness programs for corporations such as Motorola, AOL, Chevron, and eBay, and community centers, such as the Jewish Community Center of San Francisco, multi-tenant business parks and municipalities throughout the United States and Canada. For more information, visit www.clubone.com.
Basin Street Properties, headquartered in Petaluma, Calif., is one of Northern California’s and Northern Nevada’s prominent developers, investors and managers of commercial properties. Basin Street has become widely recognized for its office, retail and mixed use developments. Founded more than 30 years ago, the company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information on Basin Street Properties, please call 775.329.4131 or visit www.basin-street.com.
