Fathom CrossFit will open a 3,254 SF studio in the fall of 2013, said Kevin McCook, vice president of development for Shea Properties, retail developer at Mercado del Barrio. “We are very excited to have CrossFit join us at Mercado del Barrio. It’s a great new fitness concept and with the Community College now under construction, should do very well here now and in the future.” McCook said.
CrossFit is a strength and conditioning program designed to help people gain a broad understanding of general fitness through a mix of aerobics, muscle training, gymnastics and weight lifting.
Already open at Mercado del Barrio is a 36,000-square-
Located just under the Coronado Bay Bridge and adjacent to the historic Chicano Park, Mercado del Barrio is one block south of Interstate 5 and one block north of a San Diego trolley stop. Space is currently available in one of the two retail buildings either on the corner of Main and Cesar Chavez, just across from a new community college, or on the corner of National and Cesar Chavez. All 92 apartment units above the retail are currently leased.
The brokers on the deal were McKinney Advisory Group representing the tenant and Cushman & Wakefield, Inc., representing Shea Properties.
About Shea Properties
Shea Properties, headquartered in Aliso Viejo, California, is a diversified real estate company responsible for the acquisition, design, development, construction and management of business parks, shopping centers, apartment communities and mixed-use environments. Since beginning operations in 1969, annual revenues have grown steadily to more than $200 million, while the overall value of the portfolio has grown to more than $2.25 billion. Shea Properties owns and operates approximately 6,150 apartment units and 5.5 million square feet of office, industrial and retail space in California and Colorado. Currently, Shea Properties has nearly $1 billion in development projects underway.