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5000 Main Street

Rich Drengberg Of EoS Fitness Signs Retail Leases In The Colony And Arlington For 81,000 SF
LEASEDRetail

Rich Drengberg Of EoS Fitness Signs Retail Leases In The Colony And Arlington For 81,000 SF

5000 Main Street & 137 Merchants Row Drive

Building Size

162,000 SF

Asset Type

Retail

Closing

Mar 30, 2026

AI

The retail asset involved in this lease transaction is located at 5000 Main Street & 137 Merchants Row Drive, situated in The Colony and Arlington markets. The total leased space spans 81,000 square feet, with EōS Fitness occupying 51,000 square feet at Colony Marketplace and 30,000 square feet at Arlington Highlands. The landlords for this lease include Harkinson Dewan, AEW Capital Management, and Fairbourne Properties, reflecting a significant retail presence in these areas.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Square Footage: 81,000 SF
  • Address: 5000 Main Street & 137 Merchants Row Drive
  • Market: The Colony & Arlington
  • Landlords: Harkinson Dewan, AEW Capital Management, Fairbourne Properties
  • Tenant: Rich Drengberg - EoS Fitness
  • Brokers: Segovia Partners & Shop Companies

Segovia Partners represented the tenant, Rich Drengberg of EōS Fitness, in this transaction. The landlords included Harkinson Dewan, who self-represented, alongside Shop Companies, which represented AEW Capital Management and Fairbourne Properties, ensuring a well-structured negotiation process throughout the lease agreement.

Players

SHOP Companies
SHOP CompaniesBrokerage
AEW Capital Management
AEW Capital ManagementLandlord

Rich Drengberg

EoS Fitness

Tenant

5 deals

Tenant

The Colony Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93