Wednesday, April 24, 2019

Gyms restore muscle, movement where retail giants have fallen

As shopping center owners see weakness among their retail tenants, many are turning to fitness gyms to beef up their portfolios, experts on the local commercial real estate market say.

As big-box stores close, many of them are being replaced by gyms, according to two Boston-based spokesmen for CoStar Group, a commercial real estate data firm headquartered in Washington, D.C . . . more