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Fitness Centers: Good News for Retail

NORTH PLAINFIELD, NJ-Levin and its tenants reflect on the upside these storefronts bring to shopping centers as well as future potential.

By Alyson Grala | Updated on December 30, 2009

NORTH PLAINFIELD, NJ-Fitness purveyors are emerging as highly viable shopping center destination tenants, according to locally based Levin Management Corp.

Despite the challenging economy, the fitness industry reports healthy performance, according to the International Health, Racquet & Sportsclub Association. “With so much unpredictability and stress, people are focusing on what they can control and what makes them feel better–with health and wellness at the forefront,” says Ken Carrier, an industry veteran and owner of No Body Denied, a moderately-priced, star-up fitness center opening in December at Levin-leased Echo Plaza in Springfield.

“Visionary fitness center operators, both value-oriented and upscale concepts, and smaller entrepreneurial ventures as well as large chains, are opening new locations, giving a much-needed boost to retail properties hard-hit in this recession,” says Matthew K. Harding, president and COO of Levin. “We are seeing significant new leasing activity within this sector.”

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