STAMFORD — Club Studio, the elevated fitness concept from LA Fitness, has signed a lease for approximately 37,500 square feet at the former Fairway Market site at 699 Canal St., according to Charter Realty. The lease marks a major milestone in the repositioning of the 86,000-square-foot building, which has remained vacant since 2020.
The former Fairway Market had been sold for $23.25 million last summer to Darien-based V20. The seller was LoanCore Capital. V20 retained Charter to lead leasing efforts focused on revitalizing the site.
“We are pleased to have represented V20 Group in securing Club Studio as a marquee tenant for 699 Canal,” said Dan Zelson, Charter principal. “This lease reflects our shared vision of reenergizing this important property with high-quality tenants that meet the evolving needs of the surrounding community. We’re also on the cusp of another exciting leasing announcement, to lease another portion of the space, still leaving additional anchor leasing opportunities.”
Club Studio brings a premium health and wellness offering to the Harbor Point neighborhood. The concept blends boutique-style fitness studios, advanced training equipment, and full-service amenities in a high-end environment. The Stamford location will be one of Club Studio’s first in the Northeast, as the brand expands nationally.
The location is just off I-95 and within walking distance of the Stamford train station. Situated in the heart of Harbor Point, the area is home to over 4,400 completed residential units with more than 1,100 additional units under construction or planned.
Charter Realty continues to work with V20 to lease the remaining space.
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