Premium fitness destination to bring luxury wellness experience to Philadelphia’s Main Line
Federal Realty Investment Trust (NYSE: FRT), a leader in operating and developing sustainable and high-quality retail-based properties, today announced that Club Studio Fitness will open its first Pennsylvania location at Wynnewood Shopping Center, located at 50 East Wynnewood Road in Wynnewood, Pennsylvania. The cutting-edge fitness destination will occupy 50,000 square feet of space, formerly home to Bed Bath & Beyond, with an anticipated opening in spring 2026.
Club Studio Fitness will bring its innovative fitness concept to the Main Line, combining boutique studio classes with top-of-the-line amenities in one comprehensive facility. The state-of-the-art location will feature spacious free weights areas, dedicated strength and functional training zones, and extensive cardio equipment. Members will have access to premium amenities including a juice bar, advanced recovery services such as cryotherapy and red-light therapy, personal stretch stations, and upscale locker rooms.
“The addition of Club Studio Fitness marks an exciting new chapter for Wynnewood Shopping Center,” said Jeffrey Fischer, Vice President of Leasing at Federal Realty Investment Trust. “This significant addition aligns with Federal’s long-term vision to enhance the Wynnewood shopping center, continuing the evolution towards more relevant shopping, dining, and now, wellness” experiences.
In addition to welcoming Club Studio, the ground floor lobby of the former Bed Bath and Beyond will be reconfigured to create two retail spaces of approximately 1,000 square feet each. The new Club Studio Fitness will join a diverse mix of established retailers and restaurants at Wynnewood Shopping Center, including GIANT, DSW, Sola Salon Studios, PJ Whelihans, Sabrina’s Café and Spread Bagelry.
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About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as Northern and Southern California. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 102 properties include approximately 3,500 tenants, in 27 million commercial square feet, and approximately 3,100 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
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