REBusinessOnline

Location Matters Negotiates $1.3M Sale of CrossFit Building in Downtown Escondido

Located in downtown Escondido, Calif., the retail building is occupied by CrossFit Iconic and a soon-to-be-open brewery and coffee shop.

ESCONDIDO, CALIF. — Location Matters has brokered the sale of a retail property located at 237 and 243 E. Valley Parkway in downtown Escondido. David Baker of H Street Plaza LLC sold the property to Evan Weinberg of Steven Beverages Inc. for $1.3 million.

The 9,300-square-foot property features two retail units: a 7,000-square-foot CrossFit Iconic and a 2,300-square-foot vacant space.

The buyer plans to repurpose the vacant space into a brewery and coffee concept by Cismontane Brewing, a microbrewery.

Marc Karren of Location Matters represented the seller in the transaction.

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