ARCTRUST acquires LA Fitness location

ARCTRUST is pleased to announce it has completed the acquisition of a new LA Fitness in West Melbourne, FL.  The just built 52,000 square foot facility is located on 4.8 acres of land strategically located at the exit and entrance to Interstate-95 on Palm Bay Road in a quickly growing retail and restaurant corridor which features Walmart, Bass Pro Shops, 7-Eleven, Chick-Fil-A and Starbucks.

ARCTRUST is a private Real Estate Investment Trust (REIT) that specializes in the development, acquisition, financing and joint-venture of Net Lease Properties with a focus on the New York to Washington DC corridor and Florida, although the company is also active in other metropolitan areas nationwide with international airports.  Over the past 30 years, ARCTRUST and its affiliates have been responsible for more than 300 transactions with an aggregate value in excess of $3 billion and has received numerous industry awards for its work in the area of Net Lease Properties.