In the fitness world, change is the only constant. Over a decade ago, big-box gym chains were the primary choice for fitness seekers, offering all-in-one workout options for around $50 a month. But today, the industry has shifted toward boutique studios specializing in activities like indoor cycling, barre and yoga.

Danielle Beyrodt, Hill Management Services; Paul Obrecht III, Blue & Obrecht Realty; Jannine Hayes, Knott Realty Group; Danielle Bridge, Hill Management Services; Jennifer Busse, Rosenberg Martin Greenberg; Denise Kramer-Buchman, Hunt Valley Business Forum The persistent softness of the commercial office real estate environment, combined with the continued demand for a variety of residential housing types, is prompting developers…