CULTR Athletic Club Signs 12,000 Square Foot Lease At RXR's Radio Lofts In Jersey City

The property asset involved in this transaction is a retail space located at 316 15th Street in Jersey City, NJ. The asset encompasses a total of 12,000 square feet, designated for a fitness and wellness concept, specifically CULTR Athletic Club, which is scheduled to open in early 2027.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Lease
• Address: 316 15th Street
• Market: Jersey City, NJ
• Landlord: Scott Rechler - RXR
• Tenant: Richie Van Houten - CULTR Athletic Club

Key individuals involved in this transaction include Scott Rechler representing RXR as the landlord and Richie Van Houten, who represents CULTR Athletic Club as the tenant. The deal includes a notable feature where the club will host gym space, group fitness areas, and an extensive recovery facility of 3,500 square feet, which will comprise a sauna, steam room, hot pool, cold plunge, and an on-site café.