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Nova Place’s Newest Tenant Fuses Work with Wellness

Pittsburgh, PA – (October 24, 2016) Faros Properties is pleased to announce Nova Place’s newest tenant, Union Fitness, will open for business at the end of October. This 10,000 SF facility is redefining the fitness community in Pittsburgh by providing unmatched amenities and affordable memberships.

Adding a fitness center of this caliber to Nova Place was a vital amenity that would not only enhance the quality of life for employees at Nova Place, but also impact the surrounding neighborhoods. Union Fitness will provide the competitive edge to the corporate communities in Nova Place by offering flexibility to tenants looking to work out before, during, or after their busy work day. A wide array of classes allows for this ease of use. Recruitment and retention are key and have become among the leading reasons for implementing workplace fitness programs because they add a sense of being valued. How many times have you wanted to sign up for a fitness class and you couldn’t get there in time because of work?

“The amenities, programming, and common areas at Nova Place are being designed to promote employee engagement,” according to Andrew Miller from CBRE. “Having Union Fitness open supports many of the landlord’s goals for fostering a sense of wellness & community among the people working at Nova Place. Ultimately, the goal is for people to look forward to coming to work here. Union Fitness is an important part of that.”

You may be wondering how Union Fitness is different than other gyms? Casey Williams, Fitness Manager of Union Fitness, says, “We’ve spared no expense, everything from the finishes, to the equipment are high-end. Our trainers have diverse backgrounds, years of experience, and the time and energy they put into creating customized workouts are unlike anything I’ve ever seen.” When you walk, or run, into Union Fitness, you’ll get the sense that everything was carefully curated, which it was, by local architect, Perkins Eastman, along with the Union Fitness team to ensure the best possible experience. The gym includes state-of-the-art fitness machines and weights, a 1,500 SF yoga and spin studio, and a 3,000 SF group training room. Other amenities such as locker rooms, showers stocked with toiletries and towels, and massage rooms will top off your workout.

“We’re delighted to welcome Union Fitness to Nova Place. It’s a great concept and welcome amenity to the community,” said Alexander Leventhal, Managing Partner of Faros Properties.

Memberships start at $39, month-month, but if you want to try it out first, Union Fitness is offering a $20 introductory price which includes access to the fitness center, towel and toiletries service, and complimentary classes and seminars.

Formerly Allegheny Center, Nova Place is the 2nd largest urban renewal project in the nation with 1.5 million square feet of space on top of a massive parking structure. Providing a corporate environment for current and future tenants to inspire, educate, and foster growth, the complex is in the process of its multi-million dollar renovations, which will transform the property into a first-class, mixed-use development. Over the past four years, Faros Properties has invested over a quarter of a billion dollars into the region.

About Faros Properties LLC
Faros Properties is a real estate investment firm established by Alexander Leventhal, Jeremy Leventhal and Elliot Gould as a platform to target long-term private investment opportunities. Faros primarily targets core investments in supply-constrained markets with high concentrations of intellectual capital. Faros and its predecessor companies trace their roots to family-owned operations. The family has for over six decades been actively involved in the construction, development, acquisition, management, and financing of over 50 million square feet of real estate internationally.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.