Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $3,850,000 in financing for a Planet Fitness in Tucson, AZ.  The 25,175 SF property is conveniently located adjacent to a Super Wal-Mart and very close in proximity to Costco Wholesale.

Adam Parker, Principal, and Chad Metzger, Senior Associate, of Gantry’s Phoenix office, arranged the 20 year loan, fixed for 5 years, through a correspondent life insurance company lender.  Mr. Parker and Mr. Metzger arranged this loan for a Sponsor that owned the real estate as well as the Planet Fitness franchise making this an owner/user loan.