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Stock impact report

Getting a filling — at the mall. Why dentists and other wellness tenants are in big demand [Los Angeles Times (CA)]

Sprouts Farmers Market, Inc. (SFM) 
NASDAQ:AMEX Investor Relations: investors.sprouts.com
Landlords preferred more conventional retailers in their malls, relegating dentists to out-of-the-way locations if they would lease space to them at all. Now they are prominent tenants in many shopping centers as part of a growing trend of medical-retail or “medtail” businesses joining boutiques and restaurants at neighborhood malls. Prime spots in malls “used to be reserved for ‘better' tenants” than dentists, said Chris Aguon, vice president of real estate at PDS Health, which operates more than 300 dental offices in California including Alhambra Modern Dentistry at Alhambra Place. The dentist shares the upscale Alhambra shopping center with Sephora and Sprouts Farmers Market, serving patients who might have had to trek to a medical office building in years past to get their teeth cleaned. It's a sign of how shopping centers have changed since pandemic restrictions caused many small businesses to close and led retail landlords to embrace a wide range of medical-related tena Show less Read more
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