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Traditional tenants in retail centers once scoffed at having gyms in their midst for all the parking spaces they took up. No more.
JLL’s research team examined 6,000-plus fitness center move-ins dating back to 2013 and learned that 111,055 fitness centers currently reside in retail centers, an increase of 23.5% since 2010.
As the new CEO of 24 Hour Fitness, he is leading a more aggressive growth strategy plan, is overseeing a transformation that the company had begun prior to him being hired in January and must overcome any skepticism that staff and others in the industry may have about yet another new face heading up one of the largest health club chains in the country.
