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YouFit Health Clubs' Bankruptcy Petition Is Another Hit to Mall Operators

"Before COVID-19, there was a big move for gyms to fill up the larger retail space where stores were that were closing," Jerry Markowitz said, “I suspect all those types of things are on hold for now."

By Michael A. Mora | November 11, 2020 at 06:38 AM

A health club chain based in Deerfield Beach filed for Chapter 11 protection in Delaware on Monday.

And James D. Silver, a partner at Kelley Kronenberg in Fort Lauderdale, said the YouFit Health Clubs’ bankruptcy case is part of a line of similar health club chains which have filed for bankruptcy protection, such as LA Fitness and 24 Hour Fitness. These filings will have an adverse impact on mall operators and landlords.

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