California Family Fitness founders Larry Gury and Russ Kuhn sold almost $100 million worth of their real estate portfolio and plan to use the money from the sale to build more clubs. The deal closed Aug. 30, according to the Sacramento (CA) Business Journal, and involved a package of 10 properties leased by California Family Fitness, Orangevale, CA, in the Sacramento region. Realty Income Corp., a publicly traded company based in Escondido, CA, purchased the real estate for $98.76 ...
Club Industry Freemium Content
This content is FREE to access as a registered user on ClubIndustry.com.
Why register for Clubindustry.com? It’s simple and free and here is a sample of what you get:
- The latest breaking news on club operators, manufacturers and vendors, including mergers and acquisitions and financial reports
- Insights from Club Industry editors
- Advice from industry experts on how to improve your business