Retro Fitness opens 14,300 s/f gym at East Meadow Commons
Retro Fitness has opened a new 14,300 s/f gym in the East Meadow Commons shopping center located on the north side of Hempstead Tpke. at Wantagh Parkway. Headquartered in Colts Neck, N.J., Retro Fitness is a 120-store chain with locations on the East Coast from Mass. to Fla. The gyms offer a low-cost, high value concept that gives members a gym experience for $19.99 a month.
Nassimi Realty began major renovations and expansion of the 52,000 s/f East Meadow Commons in 2006, converting a former roller skating rink into 30,000 s/f of retail space and a former Pep Boys center into a high end multi-store building.
Westport, CT Saugatuck Commercial Real Estate (SCRE)completed the leasing of the boutique retail suite at 24 Taylor Place to medical aesthetics brand JECT. This highly anticipated location marks JECT’s official debut in the Connecticut market.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.