<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-12.978" data-lng="-38.492" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-12.978&quot;,&quot;lng&quot;:&quot;-38.492&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:150000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km&quot;,&quot;description&quot;:&quot;Estimated radius for core customers in Piedade neighborhood&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 km&quot;,&quot;description&quot;:&quot;Broader area including central Salvador&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;150,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary 5-km radius, based on Salvador urban density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth in Salvador metropolitan area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;33 Years&quot;,&quot;description&quot;:&quot;Average age in Salvador urban population&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.1 Persons&quot;,&quot;description&quot;:&quot;Average household size in Bahia state&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;22.0&quot;,&quot;description&quot;:&quot;Percentage of population with higher education in Salvador&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;1,800 BRL per month&quot;,&quot;description&quot;:&quot;Estimated median income for Salvador households&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;10.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Salvador metropolitan area&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;85 Index (national=100)&quot;,&quot;description&quot;:&quot;Cost of living relative to Brazil average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 USD per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in urban Brazil&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;250 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual apparel spending per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;450 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;150 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual electronics spending per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors for a mid-sized neighborhood mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;1.5 Hours&quot;,&quot;description&quot;:&quot;Average time spent by visitors&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;6,500 BRL per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of GLA&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;170 Stores&quot;,&quot;description&quot;:&quot;Total number of stores in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors like cinemas and department stores present&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls per 100,000 people&quot;,&quot;description&quot;:&quot;Nearby competing malls in Salvador&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Mix of retail, food, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5 Unique stores&quot;,&quot;description&quot;:&quot;Specialty or local brand stores&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;18,335 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Floors dedicated to retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;75 BRL per month&quot;,&quot;description&quot;:&quot;Typical rental rate for retail space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Percentage of unoccupied leasable space&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Standard 3-5 year terms with some negotiation&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Current vacant space available for lease&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Direct access to major Salvador roads&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Level&quot;,&quot;description&quot;:&quot;Near Lapa bus terminal&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;600 Spaces&quot;,&quot;description&quot;:&quot;Available parking for visitors&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate Level&quot;,&quot;description&quot;:&quot;Good walkability in Piedade area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong online retail presence in Brazil&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of sales via click-and-collect&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;81.0&quot;,&quot;description&quot;:&quot;Household internet access in Salvador&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Typical urban retail crime in Salvador&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Level&quot;,&quot;description&quot;:&quot;CCTV, guards, and access control&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Frequency&quot;,&quot;description&quot;:&quot;Regular events and promotions&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;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 displays throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Expected annual increase in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Tenants&quot;,&quot;description&quot;:&quot;Upcoming leases for new stores&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;None planned Status&quot;,&quot;description&quot;:&quot;No major expansions announced&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2010,&quot;slug&quot;:&quot;shopping-iguatemi-salvador&quot;,&quot;name&quot;:&quot;Shopping Iguatemi Salvador&quot;,&quot;lat&quot;:&quot;-12.98174&quot;,&quot;lng&quot;:&quot;-38.46429&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping Iguatemi Salvador, situated in the affluent Itaigara district of Salvador, Bahia, Brazil, opened in 2009 and offers 60,000 square meters of gross leasable area across three levels with over 150 stores. Operated by Iguatemi Empresa de Shopping Centers S.A., one of Brazil premier mall operators, it features a premium tenant mix including luxury international brands like Louis Vuitton, Gucci, and Tiffany \u0026 Co., mid-market fashion retailers such as Zara, H\u0026M, and Forever 21, department store anchors Renner and Riachuelo, a 10-screen Cinemark cinema, and a diverse food and beverage selection with over 20 restaurants and a food court. The property targets upper-middle and high-income demographics in Salvadors metropolitan area of nearly 4 million residents, where the middle class represents about 45 percent of the population, bolstered by the citys role as a key tourist destination attracting 3 million visitors annually. Accessibility is favorable, located on Av. Tancredo Neves in the business corridor, 15 kilometers from Deputado Luis Eduardo Magalhaes International Airport with drive times of 20-30 minutes, supported by public transport links and 2,500 parking spaces. Occupancy stands at approximately 96 percent as of recent reports, indicative of strong leasing demand. Minimum annual rents range from BRL 120 to 250 per square meter, varying by space quality and category, with additional turnover rents at 8-12 percent of sales. Annual sales per square meter average BRL 8,500-10,000, above national retail averages. Leasing advantages encompass high footfall of 10-12 million visitors per year, driven by promotional events, loyalty programs, and integration with Iguatemi digital platforms. The malls modern architecture and operational efficiency, including energy-efficient systems and security, enhance tenant viability. However, contextual challenges include intense local competition from established centers like Shopping da Bahia and Salvador Shopping, economic sensitivities in Northeast Brazil with regional GDP growth at 2-3 percent annually versus national 2.5 percent, and potential disruptions from urban traffic congestion or inflationary pressures on consumer spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, Casas Bahia, Leader, Le Biscuit&quot;,&quot;distance&quot;:3.03,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;535&quot;,&quot;gla_sqm&quot;:&quot;68738&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, Casas Bahia, Leader, Le Biscuit&quot;}},{&quot;id&quot;:3860,&quot;slug&quot;:&quot;shopping-bela-vista&quot;,&quot;name&quot;:&quot;Shopping Bela Vista&quot;,&quot;lat&quot;:&quot;-12.97044&quot;,&quot;lng&quot;:&quot;-38.47392&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping Bela Vista is a 45,000 sqm shopping center located at Alameda Euvaldo Luz, 92, in Salvador, Brazil, opened in 2012 across 3 levels with 150 retail stores. Anchor tenants include GBarbosa supermarket, Lojas Americanas variety store, and Cineflix cinema, providing a diverse tenant mix where 40% of visitors come for shopping, 35% for dining, and 25% for home decor. The primary catchment area within 5 km radius covers 1.2 million residents, with median age of 32 years, household size of 3.1, 18% tertiary education rate, median household income of 2,000 BRL per month, and 0.6% annual population growth. Secondary catchment extends to 20 km. Annual footfall reaches 6 million visitors, with average dwell time of 120 minutes and projected 4% growth. Occupancy stands at 94% (6% vacancy), with 2,000 sqm available space. Average rent is 150 BRL per sqm per month, and sales per sqm are 8,500 BRL annually. The property offers 3,000 parking spaces, good public transport access, and advanced security measures. Market position reflects moderate competitor density of 3 malls per million population, supported by ongoing tenant pipeline and promotional events, though high e-commerce competition (81% internet penetration) and medium retail crime rate present challenges. Leasing advantages encompass medium-term flexibility, loyalty program with 40% penetration, and potential expansion plans, balanced against risks from 9.5% unemployment and moderate pedestrian traffic levels.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;GBarbosa, Lojas Americanas, Cineflix&quot;,&quot;distance&quot;:2.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;GBarbosa, Lojas Americanas, Cineflix&quot;}},{&quot;id&quot;:4395,&quot;slug&quot;:&quot;bebece-shopping&quot;,&quot;name&quot;:&quot;Bebecê Shopping&quot;,&quot;lat&quot;:&quot;-12.9711&quot;,&quot;lng&quot;:&quot;-38.5108&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Bebecê Shopping is a modest neighborhood shopping center situated in the Bebecê district of Salvador, Bahia, Brazil, catering primarily to local residents in a densely populated urban area. Established around 2005, the property covers about 15,000 square meters of gross leasable area (GLA) with approximately 60 tenants, including anchors such as a regional supermarket chain, a pharmacy, and basic apparel outlets. Its market position is that of a community-oriented venue rather than a regional draw, with annual footfall estimated at 1.2 to 1.5 million visitors based on similar small malls in Salvador per ABRASCE reports. The tenant mix emphasizes everyday essentials: 40% services and groceries, 30% fashion and accessories, 20% food and beverage with a small court featuring Bahian cuisine, and 10% leisure like a cinema screen and arcade. Demographic profile targets middle-lower income families (classes C and D per IBGE data), with strong appeal to young parents and seniors seeking convenience. Accessibility is supported by nearby bus routes and Avenida Bebecê, though traffic congestion during rush hours poses challenges; parking accommodates 300 vehicles. Occupancy hovers at 88% as of 2024 commercial real estate analyses, with rent levels at R$70-100 per square meter monthly, offering affordability compared to prime assets like Salvador Shopping at R$150+. Leasing advantages include flexible terms for small retailers, low turnover, and proximity to 200,000 local residents within a 5km radius. However, drawbacks encompass competition from e-commerce and larger malls, aging infrastructure with occasional maintenance issues, and vulnerability to Bahia&#39;s economic fluctuations tied to tourism and oil sectors. Overall, it provides stable but modest performance in a saturated retail landscape where Salvador&#39;s total mall GLA exceeds 500,000 sqm across 15+ centers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A&quot;,&quot;distance&quot;:2.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A&quot;}},{&quot;id&quot;:3414,&quot;slug&quot;:&quot;shopping-barra&quot;,&quot;name&quot;:&quot;Shopping Barra&quot;,&quot;lat&quot;:&quot;-13.0108&quot;,&quot;lng&quot;:&quot;-38.5172&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Shopping Barra, established in 1987, is a mid-sized regional shopping center in Salvador, Bahia, Brazil, spanning approximately 50,000 square meters of gross leasable area in the upscale Barra neighborhood along Avenida Centenario. It serves as a key retail destination for local affluent residents, middle-class shoppers from surrounding areas, and tourists drawn to Salvadors coastal vibe. The tenant mix comprises around 315 stores, with fashion accounting for 45% of space including anchors like C\u0026A and Renner, food and beverage at 20% highlighted by the Barra Gourmet complex with six full-service restaurants, services and entertainment at 15%, and other categories like electronics and home goods filling the rest. Major international and national brands such as O Boticario, Cacau Show, and local boutiques contribute to a balanced but not premium assortment, lacking some high-end luxury options found in competitors. Occupancy rates stand at about 92-95% based on regional retail reports, with annual footfall estimated at 8-10 million visitors, supported by proximity to beaches and cultural sites. Rent levels for prime locations range from R$120 to R$180 per square meter monthly, offering competitive entry for mid-tier retailers amid Bahias recovering post-pandemic market, where retail sales grew 5-7% in 2024 per ABRASCE data. Accessibility is strong via major avenues and public transport, though parking can be constrained during peak tourist seasons. Market position is solid as an established local hub, but it faces pressures from larger, newer rivals like Salvador Shopping with over 400 stores and higher footfall. Leasing advantages include flexible terms for smaller spaces, established customer loyalty, and potential for co-marketing with tourism events; however, drawbacks involve moderate sales per square meter around R$10,000-12,000 annually, aging infrastructure requiring occasional maintenance, and market saturation in fashion categories leading to intra-mall competition. Overall, it suits retailers targeting everyday consumer needs in a tourist-influenced economy with GDP growth of 2.5% in Bahia for 2025 projections.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;C\u0026A, Lojas Americanas, Renner, Riachuelo, Zara, Tok\u0026Stok, Centauro, Magazine Luiza&quot;,&quot;distance&quot;:4.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;700&quot;,&quot;gla_sqm&quot;:&quot;42000&quot;,&quot;anchor_tenants&quot;:&quot;C\u0026A, Lojas Americanas, Renner, Riachuelo, Zara, Tok\u0026Stok, Centauro, Magazine Luiza&quot;}},{&quot;id&quot;:5347,&quot;slug&quot;:&quot;barra-shopping-salvador&quot;,&quot;name&quot;:&quot;Barra Shopping Salvador&quot;,&quot;lat&quot;:&quot;-13.0058233&quot;,&quot;lng&quot;:&quot;-38.5239368&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Barra Shopping Salvador, opened in 1987 and owned by JHSF, features 50,000 square meters of gross leasable area across four floors with 315 stores in the upscale Barra neighborhood of Salvador, Brazil. It maintains a 95% occupancy rate, consistent with Brazilian mall averages per ABRASCE reports, and attracts approximately 18 million annual visitors, or 50,000 daily, bolstered by 40% tourist traffic during peak seasons. The tenant mix allocates 45% to fashion, including anchors like Renner, Zara, C\u0026A, and Riachuelo; 20% to food and beverage with a gourmet area; and 15% to services, alongside electronics and home goods from Magazine Luiza and Tok\u0026Stok. Accessibility is enhanced by 3,000 parking spaces, proximity to beaches, public transport, and highways, though traffic congestion in the tourist-heavy area presents challenges. The catchment area serves middle-to-upper class residents of Barra, where average monthly household incomes exceed R$5,000, surpassing the citys R$2,500 average per IBGE data, within a metro population of 2.9 million. In Salvadors competitive retail landscape with 12 malls, it holds a 15-20% market share as a mid-tier premium destination, facing rivals like the larger Salvador Shopping. Leasing advantages include stable base rents of R$150-200 per square meter monthly and percentage-based terms averaging 8-10% of sales, supporting retailers in fashion and lifestyle categories amid a projected 6% sales growth from tourism recovery. However, market saturation, e-commerce expansion, and the propertys 37-year age may necessitate infrastructure investments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;C\u0026A, Lojas Americanas, Renner, Riachuelo, Zara, Tok\u0026Stok, Centauro, Magazine Luiza&quot;,&quot;distance&quot;:4.64,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;315&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;C\u0026A, Lojas Americanas, Renner, Riachuelo, Zara, Tok\u0026Stok, Centauro, Magazine Luiza&quot;}},{&quot;id&quot;:2011,&quot;slug&quot;:&quot;shopping-da-bahia&quot;,&quot;name&quot;:&quot;Shopping Da Bahia&quot;,&quot;lat&quot;:&quot;-12.98174&quot;,&quot;lng&quot;:&quot;-38.45781&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping da Bahia, located at Av. Tancredo Neves 148 in the upscale Caminho das Arvores neighborhood of Salvador, Bahia, Brazil, opened in 1975 as the states first shopping center and one of Brazils oldest. Spanning multiple floors with over 500 stores, it serves as a key retail destination in a city of approximately 2.9 million residents and a metropolitan area exceeding 4 million. The tenant mix includes major anchors like Renner, Riachuelo, Zara, and Casas Bahia, alongside international brands such as Levi&#39;s, Lacoste, and O Boticario. Food and beverage options feature over 90 outlets, including Outback Steakhouse, McDonalds, and Starbucks, complemented by two food courts. Entertainment comprises a 12-screen UCI cinema, Playland arcade, and childrens areas like Ri Happy. Accessibility is strong via proximity to the bus terminal and ample taxi services, though traffic congestion in the growing urban vector can pose challenges. Market position remains solid among established malls, though it faces competition from newer, larger venues like Salvador Shopping. Occupancy rates in Bahias prime malls typically hover around 95%, with footfall estimated at 10-15 million annual visitors based on regional retail reports. Rent levels for prime spaces range from R$120-180 per square meter monthly, influenced by location and tenant category. Leasing advantages include a diverse demographic draw from middle to upper-income locals and tourists, robust operational quality with modern expansions, and a balanced mix supporting categories like fashion (50+ stores) and services (76 outlets). Drawbacks involve aging infrastructure in parts, market saturation in apparel, and economic volatility in Northeast Brazil affecting discretionary spending. Overall, it offers stable performance for retailers targeting regional consumers, with risks from nearby competition and access issues during peak hours.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, Casas Bahia, Leader, Le Biscuit&quot;,&quot;distance&quot;:3.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;450&quot;,&quot;gla_sqm&quot;:&quot;69346&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, Casas Bahia, Leader, Le Biscuit&quot;}},{&quot;id&quot;:4435,&quot;slug&quot;:&quot;shopping-costa-azul&quot;,&quot;name&quot;:&quot;Shopping Costa Azul&quot;,&quot;lat&quot;:&quot;-13.003&quot;,&quot;lng&quot;:&quot;-38.496&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Shopping Costa Azul is a premium retail center located at R. Arthur de Azevedo Machado 1014 in the Costa Azul neighborhood of Salvador, Brazil. Built in 2005, it covers 25,000 sq m of gross leasable area across 2 levels, hosting 80 stores and providing 400 parking spaces. The tenant mix emphasizes high diversity, anchored by Pão de Açúcar supermarket, with unique local Bahia crafts, food outlets, and a variety of retail categories including apparel, groceries, and home decor. Current occupancy is 94%, with 1,500 sq m of available space and a new tenant pipeline of 6. Average monthly footfall reaches 4,166 visitors, equating to 600,000 annually, with a projected 4% growth rate and average dwell time of 1.5 hours. Conversion rate stands at 25%. The primary catchment area within 5 km serves 250,000 residents, characterized by a median age of 32, household size of 3.2, median income of 2,500 BRL/month, and 18% tertiary education attainment. Secondary area extends to 20 km. Rent levels average 120 BRL per sq m per month, supported by sales of 4,500 BRL per sq m per year. Accessibility benefits from high proximity to main roads, good public transport, and medium pedestrian traffic. Operational quality includes CCTV security, monthly promotional events, digital signage, and an 82% internet penetration rate, though loyalty program adoption is 12%. Market position in Salvador leverages per capita retail spending of 1,200 USD annually, with strengths in groceries (360 USD) and apparel (240 USD). Leasing advantages encompass flexible terms, anchor tenant draw, diverse mix, and growth potential in a population expanding at 0.8% yearly. Drawbacks include 6% vacancy, high e-commerce competition, low click-and-collect (15%), and retail crime at 3 incidents per 1,000 visitors. Minor renovations are planned, presenting opportunities amid medium competitor density and economic factors in Bahias retail sector.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Pão de Açúcar&quot;,&quot;distance&quot;:2.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;800&quot;,&quot;anchor_tenants&quot;:&quot;Pão de Açúcar&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5263,&quot;slug&quot;:&quot;shopping-aeroclube&quot;,&quot;name&quot;:&quot;Shopping Aeroclube&quot;,&quot;lat&quot;:&quot;-12.9792448&quot;,&quot;lng&quot;:&quot;-38.4279604&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping Aeroclube, situated at Avenida Otavio Mangabeira 6000 in the Boca do Rio neighborhood of Salvador Bahia Brazil was opened in 1999 as the citys first open-air shopping center managed by Aliansce now Aliansce Sonae Shopping Centers. The property featured approximately 20,000 square meters of gross leasable area with a tenant mix focused on mid-tier retail including fashion outlets local brands electronics stores a supermarket and casual dining options alongside entertainment anchors like the 10-screen UCI Cinemas seating 1876 patrons. Positioned near popular beaches such as Jaguaribe and Ondina it targeted local middle-class families young professionals and seasonal tourists drawn to the coastal location. Historical market position was as an innovative outdoor format providing a relaxed shopping experience but it struggled against enclosed malls offering air-conditioned comfort and broader selections. Occupancy peaked at around 85% in the early 2000s per commercial real estate reports but declined amid Brazils economic volatility and rising competition leading to closure around 2015 with the cinema ceasing operations by 2020. Current status renders no active leasing opportunities though the site holds redevelopment potential given its prime accessibility via a major arterial road connected to Salvador International Airport 30 minutes away. Footfall during operations averaged 5,000 to 8,000 daily visitors based on similar regional centers influenced by proximity to hotels and events venues but recent data is unavailable due to inactivity. Rent levels historically ranged from BRL 80 to 120 per square meter monthly adjusted for inflation comparable to secondary Salvador malls. Demographic profile encompasses Salvadors 2.9 million residents metro area 4.1 million per IBGE 2022 with Boca do Rio boasting higher income levels around BRL 2,500 monthly household average and a youthful population 25-44 age group predominant. Operational quality included open layout advantages for natural light and events but drawbacks like weather exposure maintenance costs and limited parking 800 spaces contributed to challenges. Leasing advantages in hindsight were flexible terms for smaller retailers but risks today include legal hurdles for reactivation market saturation with 15+ shopping centers in Salvador and shifting consumer preferences toward e-commerce and experiential retail. Overall the property exemplifies early 2000s retail evolution in Northeast Brazil highlighting vulnerabilities in open formats amid urbanization.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;UCI Cinemas,Rock in Rio Café,Café Cancun&quot;,&quot;distance&quot;:6.94,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;UCI Cinemas,Rock in Rio Café,Café Cancun&quot;}},{&quot;id&quot;:2272,&quot;slug&quot;:&quot;salvador-shopping&quot;,&quot;name&quot;:&quot;Salvador Shopping&quot;,&quot;lat&quot;:&quot;-12.9886&quot;,&quot;lng&quot;:&quot;-38.4247&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Salvador Shopping, situated in the affluent Pituba neighborhood of Salvador, Bahia, Brazil, stands as a key retail destination in the Northeast region. Developed by JCPM Group and opened in 1997 with expansions through 2009, it offers a gross leasable area of about 140,000 square meters accommodating over 420 stores, including 19 anchors like Renner, C\u0026A, Riachuelo, Casas Bahia, and international labels such as Zara and H\u0026M. The tenant mix spans fashion, electronics, home furnishings, and services, bolstered by approximately 100 gastronomic venues featuring Bahian, Brazilian, and global cuisines across a food court, gourmet area, and restaurants. Entertainment options include a 10-screen Cinemark cinema and spaces for cultural events. With nearly 6,000 parking spaces, EV charging, and valet service, accessibility is robust via major roads like Avenida Tancredo Neves, though public transport links are moderate. It serves a demographic of middle to upper-income locals from Salvadors 2.9 million residents and 4 million metro population, plus tourists attracted to the citys heritage sites. As a market leader, it maintains 95% occupancy per CNDL reports, with estimated annual footfall of 18 million. Rent levels average BRL 150-200 per square meter monthly, with leasing advantages in high traffic and diverse mix supporting retailer performance. Challenges encompass competition from proximate centers and Brazils economic fluctuations affecting spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, O Boticário, Livraria Cultura&quot;,&quot;distance&quot;:7.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, O Boticário, Livraria Cultura&quot;}},{&quot;id&quot;:2013,&quot;slug&quot;:&quot;shopping-paralela&quot;,&quot;name&quot;:&quot;Shopping Paralela&quot;,&quot;lat&quot;:&quot;-12.93693&quot;,&quot;lng&quot;:&quot;-38.39505&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping Paralela, opened in April 2009, is a mid-sized regional shopping center in Salvador, Bahia, Brazil, with a gross leasable area (GLA) of approximately 28,000 square meters. Located at Avenida Luís Viana Filho, 8544, in the Paralela neighborhood, it benefits from a strategic position on one of Salvadors main thoroughfares, connecting the international airport (about 10 km away) to the city center and commercial districts. This enhances accessibility via public transportation and highways, though the surrounding area is suburban with limited walkable amenities, potentially reducing impulse visits. The mall features two main levels and attracts around 5 million visitors annually, serving a family-oriented demographic in a city with a metro population exceeding 3.9 million. Tenant mix includes over 150 stores, with a strong emphasis on food and beverage outlets (about 33% of space), services like health, beauty, and banking (39%), fashion and accessories (22%), and limited entertainment options (4%), including a UCI Delux cinema, bowling alley, and play areas. Major anchors include Renner, Riachuelo, C\u0026A for apparel; McDonalds, Burger King, and local eateries for dining; and service providers like pharmacies and fitness centers. Market position is solid in the mid-tier segment, competing with larger venues like Salvador Shopping (GLA 100,000 sqm) and Shopping da Bahia (80,000 sqm), but it offers lower rent pressures and a less crowded environment. Occupancy rates hover around 92-95%, aligned with national averages from Brazilian Council of Shopping Centers (CNDL) reports for 2024, reflecting post-pandemic recovery. Leasing advantages include flexible terms for smaller retailers, with base rents estimated at BRL 120-180 per sqm per month (about USD 22-33), plus percentage rents on sales, and turnover rents for seasonal categories. However, challenges include market saturation in fashion and food sectors in Salvador, where retail sales grew 5.4% CAGR per Expert Market Research 2024-2034, but competition from e-commerce and nearby malls erodes footfall. Infrastructure is modern but aging in some areas, with operational quality rated average; paid parking (BRL 5-10 for 2-3 hours) deters longer stays. Demographic profile targets middle-income families (average household income BRL 2,000-4,000 monthly), with strong appeal to locals in Alphaville and nearby residential zones, though economic volatility in Bahia (unemployment ~8%) impacts spending. Overall, it suits retailers in essential goods and family entertainment, but risks include access issues during peak traffic and weaker performance in luxury categories due to regional income levels.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, C\u0026A, Riachuelo, Casas Bahia, UCI Cinemas&quot;,&quot;distance&quot;:11.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;298&quot;,&quot;gla_sqm&quot;:&quot;57739&quot;,&quot;anchor_tenants&quot;:&quot;Renner, C\u0026A, Riachuelo, Casas Bahia, UCI Cinemas&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:3418,&quot;slug&quot;:&quot;aeroporto-shopping&quot;,&quot;name&quot;:&quot;Aeroporto Shopping&quot;,&quot;lat&quot;:&quot;-12.9089&quot;,&quot;lng&quot;:&quot;-38.3513&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Aeroporto Shopping is a mid-sized retail destination in Salvador, Bahia, Brazil, featuring 28,000 square meters of gross leasable area across two levels and housing 120 stores. Established in 2010 by owner Grupo JCPM, the property maintains a strong 96% occupancy rate with 1,200 square meters currently available for lease. It draws approximately 6 million annual visitors, supported by its strategic location on Rodovia BA 526, which provides adjacent access to major roads and high public transportation connectivity, complemented by 1,500 parking spaces. The tenant mix emphasizes anchors like Renner, C\u0026A, Riachuelo, Lojas Americanas, and Paes Mendonça, fostering a diverse retail environment that includes fashion, general merchandise, a food court, and cinema facilities. Serving a primary catchment area of 1.2 million residents within 5 to 15 km, the demographics reflect a median age of 32, household size of 3.1, and median monthly income of 2,800 BRL, with 18% tertiary education attainment and 1.2% population growth. Market position benefits from Salvador&#39;s tourism-driven economy, though regional unemployment at 9.5% and a cost of living index of 75 (relative to Sao Paulo at 100) influence consumer spending patterns. Leasing opportunities offer standard 5-year terms at average rents of 120 BRL per square meter monthly, with advantages in high tenant diversity and promotional events (15 per year), yet drawbacks include intense e-commerce competition amid 82% internet penetration and limited loyalty program adoption at 20%. Operational metrics show 35% conversion rates, 120-minute dwell times, and annual sales of 8,500 BRL per square meter, positioning it as a viable option for retailers targeting middle-income families, while risks from medium-density competition and retail crime (2.5 incidents per 1,000 visitors) warrant consideration.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, C\u0026A, Riachuelo, Lojas Americanas, Paes Mendonça&quot;,&quot;distance&quot;:17.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;36547&quot;,&quot;anchor_tenants&quot;:&quot;Renner, C\u0026A, Riachuelo, Lojas Americanas, Paes Mendonça&quot;}},{&quot;id&quot;:4818,&quot;slug&quot;:&quot;salvador-norte-shopping&quot;,&quot;name&quot;:&quot;Salvador Norte Shopping&quot;,&quot;lat&quot;:&quot;-12.9089&quot;,&quot;lng&quot;:&quot;-38.3513&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Salvador Norte Shopping, located at Rodovia BA 526, 305, in the Sao Cristovao neighborhood of Salvador, Bahia, Brazil, opened on November 9, 2010, as the first major shopping center serving the northern metropolitan region. Developed by Grupo JCPM, it spans a land area of 84,454 square meters with a built area of 118,618 square meters and a gross leasable area (GLA) of 36,547 square meters across four floors, including three for retail and one for parking with 2,239 spaces. The property features 208 stores, including 7 anchor tenants and 8 megastores, alongside a 24-outlet food court, 8-screen Cinepolis cinema, and a 90-square-meter play area for families. Its tenant mix emphasizes fashion, electronics, home goods, and dining, with major Brazilian chains dominating. Positioned near Salvador International Airport and accessible via major highways, it targets middle-income families in the expanding northern suburbs, benefiting from regional population growth and tourism spillover. Market reports indicate Bahia&#39;s retail sector maintains high occupancy around 95 percent, with annual footfall for similar properties at 10-15 million visitors, driven by local demographics of over 2.9 million in greater Salvador. Leasing advantages include competitive rents estimated at BRL 120-180 per square meter monthly, flexible terms for mid-sized retailers, and strong operational quality with energy-efficient design earning a Procel Edifica \&quot;A\&quot; rating in 2011. However, it faces challenges from larger competitors like Salvador Shopping (100,000+ square meters GLA) and market saturation in fashion categories, potentially impacting sales per square meter, which averages BRL 5,000-7,000 annually in Bahia malls per industry data.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Salvador&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Lojas Americanas, Marisa, Extra, Cinema&quot;,&quot;distance&quot;:17.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;202&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Lojas Americanas, Marisa, Extra, Cinema&quot;}}]}" data-map-update-url-value="/malls/shopping-center-lapa" id="mall-map-wrapper"><div data-city="Salvador" data-current-mall="true" data-id="shopping-center-lapa" data-lat="-12.978" data-lng="-38.492" data-map-target="mall" data-name="Shopping Center Lapa" 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</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">15 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">150,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2</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">1,800 BRL per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">10.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">85 Index (national=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">1,200 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">250 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">450 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">150 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">1,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">1.5 Hours</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">6,500 BRL per year</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">170 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">3 Malls per 100,000 people</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Level</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">18,335 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">75 BRL per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">8.0</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">High Level</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">600 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Moderate Level</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 Level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">81.0</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">Medium Level</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Level</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">Monthly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">15.0</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">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">10 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">None planned Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>