“What’s Happening with the Giant Building?” OneLife Fitness Looking at Olney For New Location.

Today I spoke with an employee of OneLife Fitness in Rockville who told me that the gym is actively looking at Olney for a new MoCo location.

US Fitness, the parent company of OneLife Fitness and Sport & Health, sold a majority stake to two investment firms this past summer. Currently the company has nearly 50 gyms (3 different brands) and the investment has been rumored to include over $50 million for expansion.

I was told that nothing has been signed, but that negotiations are ongoing with an unconfirmed location in Olney. I was also told that Giant is in negotiations with a gym and that they are not currently accepting new offers at this time.

While there is no confirmation from either end, it seems like the writing is on the wall.

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