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Alex Koustas Alex Koustas

New demand from fitness centers are filling retail vacancies in Los Angeles and surrounding markets—but they aren’t taking the big box spots left over from recent store closures. These boutique fitness centers, like cycling classes and yoga studios, are typically leasing 3,000 to 6,000 square feet of space. At the same time, big gyms—that typically do lease larger footprints—are going away. The good news: small fitness operators can afford high rents and are expanding to new locations.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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