Mall De Norte-Leasing Sheet-2019.Indd
Total Page:16
File Type:pdf, Size:1020Kb
NORTE MALL del Laredo, TX CBL PROPERTIES HIGHLIGHTS NUMBER OF STORES 148 TRADE AREA 390,766 (2018 est.) SIZE 1,178,220 square feet CENTER EMPLOYMENT 2,000 (est.) FEATURED STORES Dillard’s, Macy’s (2 stores), JCPenney, Beall’s, H&M, Cinemark (16 screens), Main Event (coming soon), and TruFit YEAR OPENED 1977 WEBSITE MalldelNorte.com CORPORATE OFFICE: FOR LEASING: CBL Center, Suite 500 MALL OFFICE: CBL PROPERTIES Russell Petty 5300 San Dario, Suite 206-C cblproperties.com 2030 Hamilton Place Boulevard p. 972.539.396 c. 214.642.4630 Laredo, TX 78041 NYSE: CBL Chattanooga, TN 37421-6000 [email protected] 956.724.8191 423.855.0001 DEMOGRAPHICS TRADE AREA FACTS PRIMARY SECONDARY TOTAL • Ideally located on the U.S./Mexico border, Laredo is an inland port, POPULATION TRENDS TRADE AREA TRADE AREA TRADE AREA third largest port of entry to U.S. after LA and NYC. 2018 Estimate 280,435 110,331 390,766 • Laredo handles 51.5% of U.S./Mexico trade with over 2M truck 2023 Projection 296,333 108,728 405,061 crossings annually. 2010 Census 252,458 104,820 357,278 • Laredo’s population has doubled since 1990, solidifying it as one of the 2018 Daytime Population Estimate 92,740 31,919 124,659 fastest growing cities in the United States. • Laredo enjoys a low unemployment rate of 3.9%. In addition, the market is AVERAGE HOUSEHOLD INCOME forecasted to see job growth of 38.15% over the next 10 years. 2018 Estimate $58,050 $59,178 $58,394 • Texas A & M International University and Laredo College and their 2023 Projection $63,942 $70,087 $65,741 combined enrollment of approximately 19,000 students call Laredo home. 2018-2023 % Change 10.15% 18.44% 12.58% • Monterrey, Mexico is just 143 miles from the property, and with a population of 4.6 million it is the third largest city in Mexico. MEDIAN AGE • The City of Laredo has plans to build a convention center downtown. 2018 Estimate 31 40 37 • Mall del Norte is ideally located on I-35 with excellent access to Laredo International Airport. Source: 2010 Census; Scan/US 2018/2023 Estimates Houston 10 35 San Antonio 35 37 83 Gulf of Mexico Corpus Christi 59 Laredo 77 Mexico Brownsville MALL del NORTE Laredo, TX CBL PROPERTIES.