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It's official: Fitness centers, pickleball courts, other services now dominate retail real estate

For the first time, goods-based tenants are no longer the biggest takers of this property type
Fitness tenants have proven particularly adept at absorbing second-generation retail space, especially former big-box and junior-anchor locations. (CoStar)
Fitness tenants have proven particularly adept at absorbing second-generation retail space, especially former big-box and junior-anchor locations. (CoStar)
CoStar Analytics
March 9, 2026 | 9:37 P.M.

Retail leasing reached a structural turning point in 2025. For the first year on record, service-based retailers leased more space than traditional goods-based tenants.

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News | It's official: Fitness centers, pickleball courts, other services now dominate retail real estate