Juice Bars, Gyms are New Generation of Mall Tenants

by Jeff Ostrowski
PalmBeachPost.com

Mall landlord CBL & Associates leases millions of square feet of space to such troubled retailers as Sears, JCPenney and Macy’s.

As those merchants shrink, CBL is renting more space to gyms, juice bars and other wellness-themed tenants, says Stephen Lebovitz, the real estate investment trust’s chief executive.

“Anything that is health-oriented is really doing well,” Lebovitz said this week at the National Association of Real Estate Editors‘ conference in Denver.

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