Physical therapy group buys into Spectrum

A sister company of Peak Performance Physical Therapy has bought the property and a majority interest in two Spectrum Fitness clubs for $6.6 million. The gyms on Perkins Road, near Essen, and in Denham Springs will continue to operate under the Spectrum banner, says Donnie Jarreau, who owns the fitness centers. “They’ve been our partners and tenants, and we’ve been working on this for several years,” Jarreau says. Peak will expand its medical and wellness services at the two Spectrum locations, going from 1,200 square feet in Perkins to 3,600 square feet. “They’ve had a lot of success in those two locations,” he says. The deal does not affect the nine other Spectrum locations in the Capital Region.—Timothy Boone