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Stock impact report

Prudent Growth Purchases Baker Cypress Marketplace in Texas [Yahoo! Finance]

Planet Fitness, Inc. (PLNT) 
Last planet fitness, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
completed its $5.75 million acquisition of Baker Cypress Marketplace, a 47,364-square-foot retail center in Houston, Texas. The property's great location within a thriving retail area makes it a great addition to the Prudent Growth portfolio. Baker Cypress enjoys 94% occupancy, features 10 tenants with staggered lease expirations, and includes a healthy mix of lifestyle businesses and service providers. The property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Baker Cypress Marketplace is strategically located on the corner of FM 529 and Barker Cypress Road, which sees a combined 67,000 vehicles per day. The property is easily accessible through six convenient entrances and highly visible from all directions. It is situated two miles from Highway 6 and five miles from the Grand Parkway, Houston's third and fourth loops, making it an excellent destination for travelers from other parts of the metro. The center is shado Show less Read more
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