Tuesday, November 28, 2017

Retail owners embrace gym tenants

As the retail landscape continues to evolve, smart retail space owners are starting to embrace a once long shunned industry: fitness centers.

Gyms can use space as small as 1500 square feet and up to 100,000 square feet. Major retail centers such as Phipps Mall in Atlanta are starting to realize the value of fitness centers-not only has gym membership continued to grow, but a fitness center can be a "destination tenant" that attracts people who otherwise wouldn't visit your retail center.

Here's a great article on the trend from our friends at Bisnow.

If you have empty retail space, please call the CBC Benchmark Retail Team at 904.281.1990 to discuss how we can help repurpose your investment.

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