Mark Baziak Mark Baziak

Grocery-anchored shopping centers are the hottest asset class for retail investors, thanks to their resistance to the Internet. As a result and for the same reason, grocery tenants have become one of the most sought-after anchor tenants by landlords—but recently fitness centers have rapidly grown in popularity. It makes sense. Fitness centers also have a resistance to the Internet and attract users several times a week, and they use roughly the same amount of square footage as grocery stores. The similarities have made fitness centers a popular alternative to grocery stores.