CBRE named leasing agent for salt therapy provider to open 1K new locations

By Emily Bader
New Jersey | Jun 10, 2020 at 11:44 am

The Salt Suite, a growing salt therapy health care provider, announced on Wednesday it has retained CBRE as its exclusive leasing agent to help it establish nearly 1,000 new locations throughout the country.

Founded in 2010, The Salt Suite provides all-natural relief from asthma, allergies, eczema, psoriasis, sinusitis and other respiratory conditions and currently operates three locations in New Jersey:

  • 320 Young Ave. in Moorestown;
  • 910 Haddonfield-Berlin Road in Voorhees Township; and
  • 1800 Highway 35 in Ocean (under construction).

“On behalf of The Salt Suite, we are very excited to partner with CBRE in our expansion plans. We are confident that their expertise will fuel our growth,” said Ryan Dodson, CEO, Salt Suite Franchising LLC, said.

CBRE’s Joe AmecAngelo, a retail specialist, will oversee the franchise expansion campaign, working closely with Salt Suite executives to pinpoint the right spots for new and existing stores, with an initial focus on the East Coast. Th team will target locations with 2,000 square feet that are adjacent to high-end fitness and health care retailers. Optimal suites include shopping malls and strip centers with high traffic and visibility.

“As Americans continue to seek natural cost-effective self-care solutions, many have cited salt therapy as one of the fastest growing segments in the health and wellness market, and this expansion is a bright spot in the current retail landscape,” AmecAngelo said. “The Salt Suite also has a track record as a corporate good neighbor, actively participating in various charities committed to enhancing and strengthening local communities.”

Emily Bader | ebader@roi-nj.com | @emilybader