Escondido, CA—December 18, 2023–Axiom Retail Advisors, an Irvine, CA-based retail brokerage and consulting firm that specializes in Southern California landlord and tenant representation, as well as development, has announced the leasing of Learn 4 Life and Bag O’ Crab at the 16,200-square-foot Vineyard Square in Escondido, CA.
Lea Clay Park and Stephanie Skrbin of Axiom Retail Advisors represented the landlord, Red Mountain Retail Group, and worked closely with Kristin Ambrose and Matt Pope on the Red Mountain team. Details on the terms and lease amount are not available.
Located on the southwest corner of East Valley Parkway and Rose Street in Escondido, the 16,200-square-foot neighborhood shopping center is shadow anchored by Albertson’s and shares access with a neighboring Home Depot Center. The retail center is now 100% occupied.
Park shared that the vacant space was previously occupied by a pet supply store, which took up 7,000 square feet, and a 2,600-square-foot second generation restaurant. She noted that the center has some challenges, including limited visibility and a neighboring owner that left the former 24-Hour Fitness space vacant for several years, but it all worked out.
“Recognizing that the area is relatively saturated with retail, we focused on users that could serve the community and generate traffic at all hours of the day. We are beyond delighted with the addition of Learn 4 Life, which will provide much needed services to local students and expand the customer base for the center,” said Park. Skrbin added, “Bag O’ Crab’s lease secures the restaurant’s fifteenth location in California. Having operated in similar communities throughout the state, BOC understands the market and is well positioned to fill this under-served category in the market.”
Learn 4 Life was represented by Jason Smithson of NAI and Victor Aquilina of Lee & Associates represented Bag O’ Crab.
