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Colliers Arranges Full-Building Lease at 2800 Kennedy Boulevard in Journal Square

JERSEY CITY, N.J., Sept. 18, 2018 – Journal Square Health & Fitness, the gym that’s home to CrossFit Accomplished, has signed a 6,100-square-foot 10-year lease for the entire building at 2800 Kennedy Boulevard in the Journal Square business district. Building renovations are underway with the new fitness facility expected to open in early 2019.

Colliers International NJ LLC Inc. (NASDAQ:CIGI, TSX:CIG) served as tenant representative for CrossFit Accomplished, known for its high-intensity fitness training. Bobby Antonicello of Grid Real Estate represented the landlord. Architectural and interior design is being handled by G3 Architects.

The Colliers team of Executive Managing Director Nancy Erickson and Associate Jennifer Flores, both based in the firm’s Parsippany office, represented CrossFit Accomplished and are also exploring additional opportunities in Jersey City, as well as throughout Hudson County, to help expand the brand.

“CrossFit Accomplished’s expansion in Jersey City reflects the tremendous popularity of the sport of fitness,” said Erickson. “There is a growing community of people interested in a fitness lifestyle, and CrossFit Accomplished continues to attract new members, so this was an opportune time for them to expand their reach and fill a need in this market.”

The three-story building, just three blocks from the Journal Square Transportation Center, will be CrossFit Accomplished’s second location in Jersey City. Both affiliated gyms are owned by Russell Francis, who operates CrossFit Accomplished Jersey City at 109 Christopher Columbus Drive.

The new location will feature a dedicated gym for kids, a CrossFit Accomplished workout area on the main floor, a lounge and recovery room, and physical therapy. In addition, the first floor will be a dedicated co-working and shared office space to provide a community for “like-minded entrepreneurs,” said Francis.

“We are really excited to bring CrossFit to Journal Square, and we’re looking forward to introducing to the community a different style of working out with measurable results, in a fun and engaging environment,” said Francis.

CrossFit Accomplished offers high-intensity functional group training sessions that attract people from all walks of life. The program combines cardio, gymnastics and weightlifting movements into a Workout of the Day (WOD). The fitness program includes classes in fundamentals, gymnastics, burn, strength and classes for kids ranging from 5 to 18 years old.

In 2016, Francis left his corporate job as head of North American Corporate FX sales to become an entrepreneur when he purchased CrossFit Accomplished Jersey City. Once the new gym opens, Francis plans to coach at both locations, especially because he enjoys teaching CrossFit Accomplished Kids classes.

“I love seeing kids enjoy themselves with equipment that they’ve probably never seen or touched before,” he says. “Pushing them out of their initial comfort zone and seeing the excitement of completing a workout is a real motivator.”

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About Colliers International Group Inc.

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

For further information, please contact:

Evelyn Weiss Francisco, Vice President
Caryl Communications
Phone: 201-796-7788
Email: evelyn@caryl.com