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4/12/18
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Vallarta Supermarkets inked a 20-year lease for 85.7k sf of retail space in the west San Fernando Valley. The space is located at 8201 Topanga Canyon Blvd, just south of Roscoe Blvd in Canoga Park.
Vallarta will occupy space formerly occupied by Vons. The space is within a larger retail center that totals 150k sf with tenants including T-Mobile, McDonald’s and El Pollo Loco. Move-in is anticipated to occur in late 2018.
Mark Baziak and Geoff Foley with Newmark Knight Frank represented the landlord, Auburndale Properties. Springstead Associates represented the tenant.
“There was a lot of interest from potential tenants for this space. Ultimately, we chose an ideal brand that was flexible with lease terms and that was a good fit with the local community,” said Baziak. “Ethnic grocers are doing extremely well in Southern California. Vallarta, which has a strong following and growing sales, was a strategic choice and will serve the significant surrounding Latino population.”
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