The still expanding fitness center segment has been among the few bright spots for retail landlords.
The fitness club sector is flexing its muscles.
Fitness and health clubs have grown to be a more than a $30-billion-a-year industry, according to research site Statista, with more than 36,000 clubs across the U.S. boasting more than 60 million members.
Top players in the health club industry reported steady growth in 2017 and many are expanding through new development or acquisitions. Life Time, LA Fitness, Planet Fitness, 24 Hour Fitness, and Equinox Holdings (with its brands Equinox, SoulCycle, Blink Fitness and Pure Yoga) all had growth years, according to the 2018 Club Industry Top 100 Clubs list...
RSK: Great concept for malls. I would think owners and brokers would be all over this.
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- - Volume: 6 - WEEK: 40 Date: 10/3/2018 9:45:48 AM -