The Signal E-Edition

Vallarta Supermarkets to move corporate HQ to SCV

The Santa Clarita Valley Economic Development Corp. has announced that California-based Vallarta Supermarkets will relocate its corporate headquarters to the Santa Clarita Valley later this year.

Vallarta Supermarkets has purchased a three-building campus at 28470-28490 Avenue Stanford in Santa Clarita. The three buildings that make up the “Valencia Corporate Plaza” encompass 195,387 square feet of office space. This campus is bordered by Advanced Bionics (HQ), Donaldson, Southern California Edison, and several other small businesses and manufacturers in the Valencia Industrial Center.

Previously based in Sylmar, Vallarta will add approximately 220 jobs to the Santa Clarita Valley economy. These jobs are anticipated to generate approximately $100 million in annual economic output, including $750,000 in local (city and county) annual tax revenue.

“We are pleased to welcome Vallarta to the SCV business community. Vallarta Supermarkets joins other leading companies whose headquarters are based in the SCV, including Sunkist, Princess Cruises, and Logix Federal Credit Union,” Holly Schroeder, president and CEO of SCVEDC, said in the statement release by the SCVEDC.

Vallarta Supermarkets has more than 50 locations throughout California, two of which are in the SCV, making it one of the largest Latino-owned supermarket chains in the state.

“The Santa Clarita Valley is a prime location for Vallarta to execute its growth plans. The business-friendly nature of the community will contribute to our continued success,” Andrew Lewis, vice president of marketing for Vallarta Supermarkets, said in the SCVEDC release.

The property transaction was arranged by Cesar Gonzales of Equity Union Commercial, representing Vallarta Supermarkets, with Craig Peters and Richard Ramirez of CBRE, representing the seller.

Business

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2023-04-01T07:00:00.0000000Z

2023-04-01T07:00:00.0000000Z

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