$12.5 MILLION BUYS SUBURBAN PHOENIX LA FITNESS

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of a freestanding 46,000-square-foot LA Fitness in Glendale, Arizona. The $12.5 million sales price equates to $272 per square foot. “This is a seasoned club in a dominant corridor location,”…