Five Steps to Signing the Right Lease for Your New Gym ­— the First Time ­

By Sam Monempour, NAI Capital Commercial Real Estate Services, Worldwide  Opening a gym/fitness center is a challenging and complex venture with many moving parts. Before diving in, it is essential to carefully plan and prepare for the ever-changing aspects of the fitness industry. Over the years, gyms have gone from standard places of exercise and bodybuilding to a social environment with integrated social media influences, new technologies, new formats of exercise, and many various forms of build-out.   1.    Decide gym style and market before signing a lease. The first step in signing a well-designed lease is to determine the type of [...]