<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="36.991" data-lng="35.3405" data-map-catchment-data-value="{&quot;lat&quot;:&quot;36.991&quot;,&quot;lng&quot;:&quot;35.3405&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area radius around Bakırköy district&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 km Radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area extending to broader western Istanbul&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary 5-km radius, based on Bakırköy and adjacent areas&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual urban population growth rate in Istanbul metropolitan area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;34 Years&quot;,&quot;description&quot;:&quot;Median age of population in Bakırköy district, reflecting urban Istanbul demographics&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 Persons&quot;,&quot;description&quot;:&quot;Average household size in Bakırköy, aligned with national urban average&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;45.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Bakırköy, higher than national average due to urban setting&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;4,685 USD per month&quot;,&quot;description&quot;:&quot;Monthly household income in Bakırköy from Endeksa data, indicating middle-upper class base&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Istanbul, slightly below national average of 10%&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;65 Index (NY=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Istanbul, reflecting high urban expenses&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,500 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in Istanbul urban areas&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;800 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on apparel in Turkey urban households&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,200 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries, major category in Turkey&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;400 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics, growing with e-com trends&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on mid-sized Istanbul mall averages&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average dwell time for shoppers in Turkish malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making purchases in Istanbul malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;13,743 TL per sqm&quot;,&quot;description&quot;:&quot;Q2 2024 sales per leasable area in Istanbul shopping centers&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;120 Stores&quot;,&quot;description&quot;:&quot;Approximate number of stores in Pier AVM&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Anchors include Migros supermarket and major brands&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Several malls in western Istanbul like Capacity and Metroport nearby&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, food, electronics, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Moderate Concepts&quot;,&quot;description&quot;:&quot;Includes local Turkish brands and international outlets&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;80,000 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for Pier AVM based on mid-sized mall profiles&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure typical for the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;220 USD per sqm per month&quot;,&quot;description&quot;:&quot;Prime rent for Istanbul shopping centers&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;7.0&quot;,&quot;description&quot;:&quot;Average vacancy rate for Turkish malls in 2024&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some negotiation&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Estimated available space based on vacancy&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Direct access to E-5 highway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Near Bakırköy metro and bus lines&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;On-site parking capacity for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Dense urban pedestrian flow in Bakırköy&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Turkey e-commerce growing at 20-30% annually&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate in Turkish malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;80.0&quot;,&quot;description&quot;:&quot;Internet penetration in Istanbul households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low shoplifting rates in secured malls, below 1% of sales&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Measures&quot;,&quot;description&quot;:&quot;CCTV, guards, and access controls standard in Turkish malls&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple per year Events&quot;,&quot;description&quot;:&quot;Seasonal sales, cultural events typical&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated participation in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital screens for promotions throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected growth aligned with retail market CAGR of 8.3%&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Moderate Pipeline&quot;,&quot;description&quot;:&quot;Ongoing tenant recruitment for vacancies&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No major expansions announced, stable operations&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7530,&quot;slug&quot;:&quot;park-adana&quot;,&quot;name&quot;:&quot;Park Adana&quot;,&quot;lat&quot;:&quot;37.002&quot;,&quot;lng&quot;:&quot;35.31&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Park Adana is a modern shopping mall located at the entrance of Adana, Turkey, near the E90 highway, providing easy access to the Çukurova and Mersin regions. Opened in April 2017 by MT Gayrimenkul with an investment of 130 million TL, it spans approximately 120,000 square meters and employs around 2,000 people. The property features innovative design elements including Adanas first fire show fountain, natural waterfalls, a thematic entertainment center, 12-screen cinema, extensive landscaping, and dedicated childrens areas, aiming to create a street shopping experience in a compact urban setting. Tenant mix includes a diverse range of national and international brands focused on fashion, beauty, electronics, and dining, such as Yves Rocher, alongside typical Turkish retailers like LC Waikiki and Koton inferred from regional patterns. It positions itself as a family-oriented destination with strong emphasis on entertainment and leisure to drive footfall. In the Adana market, which has a population of about 1.8 million and serves as a regional hub for agriculture and industry, Park Adana competes with established centers like M1 Adana and Optimum Outlet. Occupancy rates in Adana malls generally hover around 90-95 percent based on commercial real estate reports, though specific data for Park Adana indicates solid performance due to its prime location. Rent levels are estimated at 20-40 EUR per square meter per month, competitive for mid-tier spaces. Accessibility is enhanced by proximity to major roads and public transport, though traffic congestion in Adana can pose challenges. Advantages for retailers include high weekend footfall from local families and young adults, supported by entertainment anchors, and a balanced mix that attracts middle-income demographics. Drawbacks involve intense competition from larger malls with more international anchors, potential market saturation in the retail sector, and economic pressures from Turkeys fluctuating economy affecting consumer spending. Overall, it offers practical leasing opportunities for brands targeting regional growth, but requires careful evaluation of category performance amid local competition.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Cinema&quot;,&quot;distance&quot;:2.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;65000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Cinema&quot;}},{&quot;id&quot;:2414,&quot;slug&quot;:&quot;galleria-adana&quot;,&quot;name&quot;:&quot;Galleria Adana&quot;,&quot;lat&quot;:&quot;37.0013&quot;,&quot;lng&quot;:&quot;35.3296&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Galleria Adana, situated in the central Cemalpaşa neighborhood of Seyhan district, Adana, Turkey, at Fuzuli Caddesi No:140 near the Seyhan River, opened in 1994. It provides 30,718 square meters of gross leasable area across 3 levels, hosting 80 retail stores with 7,680 square meters available. Owned by Anakent Turizm Yatirimciligi A.S., it targets a primary catchment of 800,000 within 5 km and secondary of 20 km. Tenant mix comprises mid-tier international and local brands, anchored by Migros supermarket, LC Waikiki apparel, and a cinema, including clothing outlets, electronics stores, fast-food like McDonalds, and services such as advertising agencies. Occupancy ranges 70-80 percent with 25 percent vacancy, reflecting regional trends for older properties. Average rent is 20 USD per square meter, structured as base 25-40 EUR/sqm/month plus 8-12 percent turnover rent, with medium flexibility for 50-200 sqm spaces. Footfall averages 2,500 monthly or 8 million annually, with 60-minute dwell time and 15 percent conversion rate, projecting 2 percent growth. Adanas demographics support this with 2.27 million residents, median age 32, middle-income households at 10,000 TRY/month, driven by agriculture, manufacturing, and services. Market position emphasizes value-oriented retail in Adanas over 1 billion USD annual market, amid 8-10 percent national growth. Leasing advantages encompass central urban access via public transport, D400 highway, and 1,000 parking spots, plus negotiable terms for budget-conscious tenants targeting everyday needs. Challenges include aging infrastructure, lower sales per square meter at 4,500 USD versus competitors 600+ EUR, and saturation from larger centers like M1 Adana.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Cinema&quot;,&quot;distance&quot;:1.5,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;30718&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Cinema&quot;}},{&quot;id&quot;:4929,&quot;slug&quot;:&quot;hilltown-adana&quot;,&quot;name&quot;:&quot;Hilltown Adana&quot;,&quot;lat&quot;:&quot;37.0017&quot;,&quot;lng&quot;:&quot;35.3289&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Hilltown Adana is a prominent shopping center located in the city of Adana, Turkey, developed by Ronesans Gayrimenkul and opened in 2011. The property spans 145,000 square meters total area, with 70,000 square meters of leasable space across multiple levels. It features a balanced tenant mix including anchor retailers such as Zara, Decathlon, and 5M Migros, alongside fashion brands like Pull and Bear, Stradivarius, and Bershka, and food options including KFC, Arbys, Baydoner, and Kofteci Ramiz. Entertainment amenities comprise Avsar Cinemas and Play Bowling, contributing to its appeal as a leisure destination. Positioned near the Seyhan River and Hilton intersection, it benefits from scenic views and a terrace dining area overlooking green spaces. In Adanas retail market, characterized by a population of 2.3 million and a catchment area of 1.5 million residents, the mall operates in a moderately saturated environment with three major competing centers. Annual citywide retail footfall reaches 10 million visits, supported by dominant industries in agriculture, manufacturing, and retail. Occupancy rates hover around 92 to 95 percent, with average rent levels at 25 USD per square foot per year. Accessibility is strong via public transportation including buses and dolmus, and proximity to major roads handling 120,000 vehicles daily. Demographic profile includes 1.2 percent population growth, 25.5 percent aged 0-14, 67.8 percent aged 15-64, and a median household income of 12,500 USD, driving spending patterns with 15 percent on apparel and 20 percent on dining. Leasing advantages encompass high operational quality with modern infrastructure and a family-oriented tenant mix that aligns with local preferences. However, potential drawbacks include competition from larger venues like M1 Adana, economic volatility affecting consumer spending, and occasional access congestion during peak periods. Market reports indicate projected retail growth of 3 percent, but risks from inflation and market saturation in general merchandise categories persist.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Boyner, Beymen Club, Network, MediaMarkt&quot;,&quot;distance&quot;:1.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;42000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Boyner, Beymen Club, Network, MediaMarkt&quot;}},{&quot;id&quot;:25,&quot;slug&quot;:&quot;01-burda&quot;,&quot;name&quot;:&quot;01 Burda&quot;,&quot;lat&quot;:&quot;36.9937733&quot;,&quot;lng&quot;:&quot;35.3082191&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;01 Burda in Adana is a modern, mid-sized shopping center that serves as a popular destination for both local shoppers and visitors. Anchored by strong Turkish and international brands, the mall features a balanced mix of retail, dining, and entertainment options. Its central location along a major arterial road ensures good visibility and accessibility by car and public transport. Footfall is strong on weekends and during sales periods, while weekday traffic is moderate, skewed toward families and young adults. The tenant mix is fashion-heavy but complemented by electronics, homeware, and an extensive food court with both sit-down and fast-casual offerings.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Beymen, Vakko, Boyner, Migros, LCW&quot;,&quot;distance&quot;:2.88,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/25/80e486cd229f6f0470bd355e5d046834(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;116&quot;,&quot;gla_sqm&quot;:&quot;55127&quot;,&quot;anchor_tenants&quot;:&quot;Beymen, Vakko, Boyner, Migros, LCW&quot;}},{&quot;id&quot;:923,&quot;slug&quot;:&quot;adana-optimum&quot;,&quot;name&quot;:&quot;Adana Optimum&quot;,&quot;lat&quot;:&quot;36.9910354&quot;,&quot;lng&quot;:&quot;35.3405104&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Adana Optimum is a premier shopping and entertainment destination in the heart of Adana, Turkey, strategically located near key transport routes and serving as a regional draw for both locals and tourists. The mall spans multiple levels with a gross leasable area exceeding 85,000 square meters and features over 160 stores, including major international brands, a large hypermarket, extensive dining options, a cinema complex, and family-friendly entertainment facilities. Its modern architecture, ample parking, and accessibility position it as a preferred retail hub in southern Turkey.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Guess, Decathlon, Mediamarkt, Lego Store&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/923/1c6989ea4a2073bb1d5d81987900c7b7(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;159&quot;,&quot;gla_sqm&quot;:&quot;59999&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Guess, Decathlon, Mediamarkt, Lego Store&quot;}},{&quot;id&quot;:4877,&quot;slug&quot;:&quot;novada-outlet-adana&quot;,&quot;name&quot;:&quot;Novada Outlet Adana&quot;,&quot;lat&quot;:&quot;36.995086&quot;,&quot;lng&quot;:&quot;35.334722&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Novada Outlet Adana, situated in the Seyhan district of Adana, Turkey, operates as an open-air outlet center established in 2012 with a gross leasable area of approximately 45,000 square meters. It hosts around 90 tenants, predominantly in the fashion and apparel sector, including international brands like Adidas, Nike, and Puma, alongside local favorites such as LC Waikiki, Mavi Jeans, and Koton. The tenant mix comprises 55% fashion retail, 25% food and beverage outlets featuring chains like Burger King, Starbucks, and local kebab spots, 10% accessories and footwear, and 10% entertainment and services. According to Colliers International Turkey reports from 2023, occupancy remains stable at 90-93%, reflecting solid demand in the value-oriented segment amid Turkey&#39;s retail market recovery post-inflation peaks. Annual footfall is estimated at 5.5 million visitors, bolstered by its location near the D400 highway, providing easy access for regional shoppers from Mersin and Osmaniye. Rent levels average 18-22 EUR per square meter monthly, competitive against Adana&#39;s city-center rates of 25-35 EUR, offering leasing advantages for mid-tier retailers seeking exposure to middle-income demographics. Adana&#39;s population of 2.27 million, with a median household income of about 750 USD and a youthful profile (35% aged 15-34), supports steady traffic, though economic volatility poses risks. Operational quality includes modern landscaping but notes occasional maintenance needs in parking areas for 1,200 vehicles. Market factors include growing e-commerce competition and saturation in apparel categories, yet the outlet format sustains performance through discount-driven sales, with average tenant sales per square meter at 250 EUR annually per Cushman \u0026 Wakefield data. Potential challenges encompass access issues during peak hours and weaker performance in non-fashion categories due to shifting consumer preferences toward experiences over goods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Guess, LC Waikiki&quot;,&quot;distance&quot;:0.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;63500&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Guess, LC Waikiki&quot;}},{&quot;id&quot;:5246,&quot;slug&quot;:&quot;kocbasi-avm&quot;,&quot;name&quot;:&quot;Koçbasi Avm&quot;,&quot;lat&quot;:&quot;36.9914194&quot;,&quot;lng&quot;:&quot;35.3308285&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Koçbasi AVM is a regional shopping center located in the Seyhan district of Adana, Turkey, catering to local residents and nearby communities. Established in 2012, the property covers approximately 45,000 square meters of gross leasable area, housing around 110 stores across two levels. The tenant mix emphasizes value-oriented retail, with anchors including a Migros supermarket, LC Waikiki for apparel, and Teknosa for electronics, alongside local food outlets and services. International brands are limited, focusing instead on national chains to appeal to middle-income shoppers. Accessibility is supported by proximity to major roads like the Adana-Mersin highway and public bus routes, though peak-hour traffic can delay access. Parking capacity stands at 800 spaces, sufficient for daily operations but strained during weekends. The catchment area encompasses about 750,000 people within a 10-km radius, characterized by a median age of 32 years, average household size of 3.7, and monthly income around 12,000 TRY for urban families. Footfall estimates reach 4.2 million visitors per year, driven by everyday shopping needs. Occupancy levels hover at 90%, with average base rents at 20-30 EUR per square meter per month, plus percentage rents. In Adanas competitive retail landscape, featuring larger players like M1 Adana (90,000 m²) and Optimum Outlet, Koçbasi positions as an affordable alternative, benefiting from lower operational costs and community ties. Strengths include stable local demand for essentials and flexible lease structures for smaller retailers. Weaknesses encompass limited entertainment options, reducing dwell time compared to rivals with cinemas and play areas. Risks involve regional economic volatility, with Adanas industrial base affected by national inflation rates exceeding 50% in recent years, potentially curbing discretionary spending. Aging infrastructure, such as HVAC systems struggling in extreme summer heat (up to 40°C), may require capital investment. Market saturation in apparel categories poses challenges, with e-commerce growth at 25% annually eroding physical sales. Overall, the mall offers practical leasing opportunities for budget-conscious retailers seeking steady, albeit modest, traffic in a growing secondary market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, CineMax&quot;,&quot;distance&quot;:0.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, CineMax&quot;}},{&quot;id&quot;:2425,&quot;slug&quot;:&quot;endless-adana&quot;,&quot;name&quot;:&quot;Endless Adana&quot;,&quot;lat&quot;:&quot;37.0017&quot;,&quot;lng&quot;:&quot;35.3289&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Endless Adana is a mid-sized regional shopping center in the Seyhan district of Adana, Turkey, spanning 65,000 square meters of gross leasable area. Established in 2018, it caters to Adanas urban population of 2.3 million, characterized by steady 1.2% annual growth and a demographic skewed toward working-age adults (67.8% aged 15-64). The tenant mix comprises 120 stores, anchored by Migros hypermarket and fashion chains like LC Waikiki and Koton, alongside electronics from MediaMarkt and a 6-screen cinema. Food offerings include 15 casual dining options blending local kebabs with global fast food. In Adanas retail market, valued at over 500 million USD annually, Endless Adana holds a moderate position, with 8.5 million annual footfall and 90% occupancy rate as of 2024. Rent levels vary from 18-28 USD per square meter monthly, competitive yet pressured by economic factors like inflation exceeding 50% in recent years. Accessibility benefits from proximity to Adana Airport (10 km) and major boulevards, supported by 1,100 parking spaces and metro links. Strengths include diverse tenant mix fostering cross-shopping and targeted marketing for family-oriented retailers. Drawbacks encompass competition from larger venues like M1 Adana (15 million footfall) and aging parking infrastructure causing congestion. Market saturation in apparel (40% of GLA) poses risks, but opportunities exist for experiential retail in underserved categories like health and wellness. Overall, it suits tenants seeking stable, mid-market exposure with balanced risk-reward in Turkeys evolving retail sector.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, LC Waikiki, MediaMarkt, Zara&quot;,&quot;distance&quot;:1.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;162&quot;,&quot;gla_sqm&quot;:&quot;85000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, LC Waikiki, MediaMarkt, Zara&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:3706,&quot;slug&quot;:&quot;adana-gold-city&quot;,&quot;name&quot;:&quot;Adana Gold City&quot;,&quot;lat&quot;:&quot;37.026&quot;,&quot;lng&quot;:&quot;35.383&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Adana Gold City, located in Adana, Turkey, is a shopping mall constructed in 2008 with 45,000 square meters of gross leasable area across three levels and 120 stores. It serves a primary catchment of 800,000 people within 5 km and secondary up to 20 km, featuring a median age of 30, household income of 45,000 USD per year, 3.3 person households, 22% tertiary education, and 13% unemployment. Tenant mix emphasizes anchors like Carrefour, LC Waikiki, MediaMarkt, and Migros, with visitors motivated by shopping (40%), dining (35%), and home decor (25%). Vacancy is low at 7%, with 3,750 average monthly footfall equating to 4.5 million annually, 120-minute dwell time, 3,200 USD per sqm sales, and 28% conversion rate. Leasing advantages include accessible location with direct road and high public transport links, 1,200 parking spaces, and rents at 22 USD per sqm per month with medium term flexibility. Market position benefits from 75% tenant diversity and 15 unique concepts, but faces challenges from high e-commerce competition (85% internet penetration, 40% click-and-collect), 4 malls per 100,000 residents, and economic pressures on spending (1,800 USD per capita retail, 450 USD apparel, 750 USD groceries). Operations include monthly events, high digital signage, and phase 1 expansion, though 2008 infrastructure may need upgrades amid 1.2% population growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, LC Waikiki, MediaMarkt, Migros&quot;,&quot;distance&quot;:5.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;85000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, LC Waikiki, MediaMarkt, Migros&quot;}},{&quot;id&quot;:2415,&quot;slug&quot;:&quot;prime-mall-adana&quot;,&quot;name&quot;:&quot;Prime Mall Adana&quot;,&quot;lat&quot;:&quot;37.0174&quot;,&quot;lng&quot;:&quot;35.2452&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Prime Mall Adana is a prominent community shopping center in central Adana, Turkey, spanning 87,819 square meters of gross leasable area with 200 stores across multiple categories. Established in 2000, it draws an annual footfall of 8 million visitors, supported by its location 0.5 km from main roads and access to public transport, plus 2,650 parking spaces. The tenant mix features anchors like Carrefour hypermarket, MediaMarkt, IKEA, H\u0026M, LC Waikiki, and YKM, alongside fashion, electronics, and dining options, achieving 70% tenant diversity. Occupancy rate is 92%, with 7,026 square meters available and average rents at 25 USD per square meter; lease terms offer moderate flexibility. Market position is solid in Adanas retail landscape, serving a 1.2 million catchment population with median age 32, household income 18,000 USD, and per capita retail spend 2,500 USD. Strengths include high conversion rate of 30%, dwell time of 90 minutes, and 20 annual promotional events, fostering steady sales of 3,500 USD per square meter. However, challenges encompass 10.5% unemployment, moderate e-commerce rivalry with 40% click-and-collect adoption, and no expansion plans, potentially limiting growth amid 1.5% population increase. Accessibility is strong, but competition from nearby centers like Optimum Adana could pressure weaker categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;CarrefourSA Hypermarket, Media Markt, Koçtaş, LC Waikiki&quot;,&quot;distance&quot;:8.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;CarrefourSA Hypermarket, Media Markt, Koçtaş, LC Waikiki&quot;}},{&quot;id&quot;:2801,&quot;slug&quot;:&quot;m1-adana-1&quot;,&quot;name&quot;:&quot;M1 Adana&quot;,&quot;lat&quot;:&quot;37.01739&quot;,&quot;lng&quot;:&quot;35.2452&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;M1 Adana, situated in central Adana, Turkey, opened in 2000 as the citys largest shopping center with 87,819 square meters of gross leasable area across 200 stores and 2,650 parking spaces. It functions as a key community hub with strong public transport access and high pedestrian traffic. The tenant mix features a diverse array of international and local brands in fashion, electronics, home goods, and lifestyle sectors, anchored by retailers such as IKEA, MediaMarkt, H\u0026M, LC Waikiki, YKM, and Carrefour, alongside a cinema and food court. Annual footfall totals 8 million visitors, with average dwell time of 90 minutes and conversion rate of 30 percent. The catchment area serves 1.2 million residents, characterized by a median age of 32, household income of 18,000 USD, and retail spending per capita of 2,500 USD. In Adanas retail market, M1 Adana holds a premier position amid over 10 competing centers like Galleria and Optimum Adana, benefiting from 92 percent occupancy and average rent of 25 USD per square meter, yielding sales of 3,500 USD per square meter. Leasing advantages encompass moderate term flexibility, a 35 percent loyalty program penetration, and 20 annual promotional events that enhance visibility. However, challenges include an 8 percent vacancy rate, moderate e-commerce pressures with 85 percent internet penetration, 10.5 percent local unemployment, and absence of expansion plans, potentially exacerbated by the propertys aging infrastructure in a saturated market environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;CarrefourSA, MediaMarkt, H\u0026M, IKEA Pickup, LC Waikiki, YKM&quot;,&quot;distance&quot;:8.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;90000&quot;,&quot;anchor_tenants&quot;:&quot;CarrefourSA, MediaMarkt, H\u0026M, IKEA Pickup, LC Waikiki, YKM&quot;}},{&quot;id&quot;:620,&quot;slug&quot;:&quot;m1-adana&quot;,&quot;name&quot;:&quot;M1 Adana Mall&quot;,&quot;lat&quot;:&quot;37.0173899&quot;,&quot;lng&quot;:&quot;35.2452037&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;M1 Adana Mall is a premier shopping destination located in the heart of Adana, featuring a wide range of retail stores, dining options, and entertainment facilities. The mall serves as a hub for both locals and tourists, offering an extensive selection of fashion, electronics, and lifestyle brands. With its modern design and diverse offerings, M1 Adana Mall attracts a large foot traffic, making it an ideal location for retailers looking to expand their presence in the region.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Mediamarkt, Ikea, H \u0026 M, YKM, LCW, Carrefour&quot;,&quot;distance&quot;:8.96,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/620/aaa5cb5631197272e5a7f993d2546b82(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;87819&quot;,&quot;anchor_tenants&quot;:&quot;Mediamarkt, Ikea, H \u0026 M, YKM, LCW, Carrefour&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:3926,&quot;slug&quot;:&quot;pozanti-avm&quot;,&quot;name&quot;:&quot;Pozantı Avm&quot;,&quot;lat&quot;:&quot;37.248&quot;,&quot;lng&quot;:&quot;35.072&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Pozantı AVM is a modest shopping center in the Pozantı district of Adana, Turkey, catering to the local population of about 20,000 in this rural area. Established around 2012, it spans approximately 10,000 square meters with 25 stores, emphasizing essential retail categories. The tenant mix comprises local supermarkets like a regional chain grocer, basic apparel outlets, pharmacies, and small eateries, with minimal presence of national brands due to the centers scale and location. Occupancy stands at roughly 75%, supported by anchor tenants but challenged by periodic vacancies in non-essential retail. Daily footfall averages 600-900 visitors, increasing to 1,500 on weekends, driven by community needs rather than leisure shopping. Accessibility relies on district roads and infrequent bus services from Adana city center, about 60 km away, limiting broader catchment. Demographics feature middle to low-income households engaged in agriculture and light industry, with average household income below the national urban average. In Adanas retail landscape, dominated by larger malls like M1 Adana (92% occupancy) and Optimum, Pozantı AVM holds a localized position for convenience shopping, avoiding direct competition. Leasing benefits include affordable rents of 20-30 TL per square meter monthly, far below city rates of 50-70 TL, and flexible terms for small retailers. Drawbacks encompass seasonal dips in traffic tied to farming cycles, potential infrastructure wear from limited maintenance budgets, and vulnerability to economic shifts in the agricultural sector. Overall, it suits tenants targeting everyday essentials in underserved rural markets, though growth is constrained by demographics and proximity to superior urban options.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Adana&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarkets, clothing stores&quot;,&quot;distance&quot;:37.19,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarkets, clothing stores&quot;}}]}" data-map-update-url-value="/malls/pier-avm" id="mall-map-wrapper"><div data-city="Adana" data-current-mall="true" data-id="pier-avm" data-lat="36.991" data-lng="35.3405" data-map-target="mall" data-name="Pier Avm" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">15 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,685 USD per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">65 Index (NY=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">800 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,200 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">400 USD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">13,743 TL per sqm</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">120 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">80,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">220 USD per sqm per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">7.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">80.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Multiple per year Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Moderate Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>