<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="21.02" data-lng="-89.64" data-map-catchment-data-value="{&quot;lat&quot;:&quot;21.02&quot;,&quot;lng&quot;:&quot;-89.64&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;400,000 People&quot;,&quot;description&quot;:&quot;Estimated population within 5-km radius, focusing on northern Mérida residential areas&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;800,000 People&quot;,&quot;description&quot;:&quot;Estimated population within 10-20 km radius, including greater Mérida suburbs&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Total potential customer base within primary and secondary areas around Mérida&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.9&quot;,&quot;description&quot;:&quot;Annual growth rate based on Mérida municipal data from 2010-2020&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;28 Years&quot;,&quot;description&quot;:&quot;Median age of population in Mérida metropolitan area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 Persons&quot;,&quot;description&quot;:&quot;Average household size in Mérida households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Yucatán region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;156,000 MXN&quot;,&quot;description&quot;:&quot;Annual median household income in Mérida&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Unemployment rate in Mérida metropolitan area&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Mérida compared to US average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;50,000 MXN&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in Mexico, adjusted for Mérida&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;5,000 MXN&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Mexican households&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;20,000 MXN&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries in Mérida region&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;3,000 MXN&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics in Mexico&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;6,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on similar large malls in Mérida&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&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;8,000 USD&quot;,&quot;description&quot;:&quot;Annual sales per square meter in comparable Mexican malls&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;Total number of retail outlets in The Harbor Mérida&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of major anchors like Gran Chapur and Cinépolis&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Density of competing malls in lifestyle retail category in Mérida&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Diversity across retail, dining, and entertainment tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of unique or exclusive retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;50,000 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Number of shopping levels in the open-air design&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;800 MXN/month&quot;,&quot;description&quot;:&quot;Average monthly rent per square meter for retail space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Current vacancy rate in the mall&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Flexibility in lease terms for tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;4,500 sqm&quot;,&quot;description&quot;:&quot;Current available retail space for leasing&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Close proximity to Periférico and major highways&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Moderate Access&quot;,&quot;description&quot;:&quot;Access via local buses and routes to northern Mérida&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;3,000 Spaces&quot;,&quot;description&quot;:&quot;Total parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High pedestrian flow due to open-air layout and location&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;High competition from growing e-commerce in Mexico&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in Mexican retail&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;75.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Mérida households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;0.5&quot;,&quot;description&quot;:&quot;Low retail crime rate in Mérida, safest city in Mexico&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Measures&quot;,&quot;description&quot;:&quot;CCTV, on-site guards, and 24/7 monitoring&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 Events/year&quot;,&quot;description&quot;:&quot;Number of promotional events held annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Penetration of mall loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of digital signage for promotions&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;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Tenants&quot;,&quot;description&quot;:&quot;Number of new tenants in the pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Status&quot;,&quot;description&quot;:&quot;Plans for future expansions in Mérida market&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:5902,&quot;slug&quot;:&quot;plaza-town-square-6&quot;,&quot;name&quot;:&quot;Plaza Town Square&quot;,&quot;lat&quot;:&quot;21.0363287&quot;,&quot;lng&quot;:&quot;-89.6061337&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Town Square is a mixed-use retail center at Calle 23, Colonia San Ramón Norte, Mérida, Yucatán, Mexico 97117, integrating commercial spaces with residential and office components in a 14-story development. It includes boutiques, restaurants like Gypsea Market and Parador 33, fitness facilities, and services, forming a tenant mix focused on convenience retail and dining for daily needs. Located adjacent to City Center Mérida, it captures spillover from that larger open-air mall anchored by Walmart and featuring 100 shops. In Mérida&#39;s fast-growing north peripheral zone, the property benefits from excellent accessibility via multiple ring road exits, serving a local market with expanding residential density. Leasing opportunities emphasize flexible spaces from 16 m² kiosks to 144 m² units at rents around 350 MXN per m² monthly plus IVA, below regional averages of 400 MXN, with estimated 90% occupancy reflecting Yucatán&#39;s robust retail sector growing at 7% in sales for 2025. Demographic drivers include middle-income families and professionals, supporting steady footfall of 1,000-3,000 daily visitors, augmented by on-site living and working synergies. Drawbacks involve intense competition from nearby premium malls like La Isla Mérida, boasting 10 million annual visitors and diverse anchors, potentially diverting higher-end shoppers. Additional challenges encompass category saturation in food services and vulnerability to Mérida&#39;s seasonal tourism fluctuations, where 30% of regional retail traffic links to visitors, alongside humid climate impacts on operations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Gypsea Market, Local Retailers&quot;,&quot;distance&quot;:3.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Gypsea Market, Local Retailers&quot;}},{&quot;id&quot;:4899,&quot;slug&quot;:&quot;plaza-la-isla-merida&quot;,&quot;name&quot;:&quot;Plaza La Isla Mérida&quot;,&quot;lat&quot;:&quot;21.0236&quot;,&quot;lng&quot;:&quot;-89.6428&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza La Isla Mérida, located on the northern outskirts of Mérida, Yucatán, Mexico, is a prominent open-air lifestyle and entertainment complex developed by GICSA as part of the Cabo Norte mixed-use project. Opened in November 2018, it spans approximately 57,946 square meters of gross leasable area (GLA) and houses around 180 stores, positioning it as the largest mall in Mexicos southeast region. The tenant mix emphasizes fashion, lifestyle, and entertainment, with anchor tenants including Liverpool department store, Zara, H\u0026M, Sephora, and international brands in sportswear and technology. Dining options range from casual eateries to upscale restaurants, complemented by a 12-screen Cinépolis cinema, an artificial lake offering boat rides, and a theme park attraction that drives experiential footfall. Accessibility is facilitated by proximity to the Periférico ring road and public transport, though its peripheral location may pose challenges for central Mérida residents. The surrounding area features growing affluent suburbs with a demographic profile of middle-to-upper-income families, young professionals, and increasing expat communities, supported by Méridas metro population exceeding 1.2 million in 2024. Market reports indicate robust retail growth in Yucatán, with overall sales up 3-8% year-over-year in 2024-2025, driven by tourism and infrastructure like the Tren Maya rail. Occupancy stands at around 92%, reflecting strong demand, while average rents hover at 15-20 USD per square foot annually, competitive within the region. Leasing advantages include high visibility, diverse traffic from shoppers and tourists, and promotional synergies with entertainment elements; however, potential drawbacks encompass intensifying competition from nearby malls like Plaza Altabrisa and emerging projects, as well as vulnerability to economic fluctuations affecting discretionary spending. Operational quality is high with modern infrastructure, but aging access roads could impact logistics. Overall, it offers solid performance metrics in a expanding market, balanced against saturation risks in northern Mérida.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Cinépolis, Zara&quot;,&quot;distance&quot;:0.49,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;60459&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Cinépolis, Zara&quot;}},{&quot;id&quot;:3455,&quot;slug&quot;:&quot;plaza-fiesta-merida&quot;,&quot;name&quot;:&quot;Plaza Fiesta Mérida&quot;,&quot;lat&quot;:&quot;20.99966&quot;,&quot;lng&quot;:&quot;-89.62409&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Fiesta Mérida is a single-level shopping center located at Avenida Correa Racho #400 in Mérida, Yucatán, Mexico, constructed in 1988 with a gross leasable area of 25,000 square meters. Managed by Grupo Chapur, it hosts 60 stores featuring a diverse tenant mix focused on fashion, dining, home decor, and local crafts, with anchor tenant Liverpool providing strong draw. The property benefits from high public transport access, 500 parking spaces, and moderate pedestrian traffic. Annual footfall stands at 1,500,000 visitors, averaging 125,000 monthly, with a 25% conversion rate and 45-minute average dwell time. Occupancy is robust at 95%, with 5% vacancy and 1,000 square meters available. Average monthly rent is 800 MXN per square meter, supporting annual sales of 5,000 USD per square meter. In Méridas growing retail market, the plaza holds a strong position serving a 5 km primary catchment of 500,000 residents, with 2.5% population growth and median household income of 156,000 MXN. Leasing advantages include medium-term flexibility, weekly promotions, loyalty programs reaching 20% of customers, and low crime rates enhanced by CCTV and guards. However, challenges arise from aging infrastructure needing minor renovations and high e-commerce penetration at 83%, impacting 30% of sales through click-and-collect. The centers unique local crafts and food stalls differentiate it amid competition from three similar malls per 100,000 residents, positioning it well for mid-market retailers targeting families with 3.5 average household size and 32 median age.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool&quot;,&quot;distance&quot;:2.8,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool&quot;}},{&quot;id&quot;:6094,&quot;slug&quot;:&quot;city-center-merida&quot;,&quot;name&quot;:&quot;City Center Mérida&quot;,&quot;lat&quot;:&quot;21.038305&quot;,&quot;lng&quot;:&quot;-89.602344&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;City Center Mérida is an open-air shopping center located on the north side of Mérida, Yucatán, in the Colonia San Ramón neighborhood at Anillo Periférico and Calle 30. Completed in 2008 and designed by architect Augusto Quijano Axle, it spans 23 acres with 286,996 square feet of retail space and parking for 1,300 vehicles. Anchored by Walmart and Big Home, it features approximately 100 tenants including shops, restaurants, and boutiques across categories such as fashion, electronics, beauty, dining, and services. Notable tenants include Starbucks and TGI Friday&#39;s. The property maintains a 95% occupancy rate, above the regional class A average of 85-90%, supported by strong anchor traffic. Annual footfall reaches 5 million visitors, benefiting from Mérida&#39;s growing metropolitan population exceeding 1 million, with a 3.3% annual growth rate driven by tourism, manufacturing, and services sectors. The middle-class demographic, including local families and increasing expats, provides stable demand for everyday retail. Leasing advantages include rents of $25-35 USD per square meter monthly, more affordable than premium malls charging $40+, with typical 3-5 year terms offering 5-7% annual escalations. Accessibility is strong via major ring road, though north location may limit draw from central Mérida. Market position as a mid-tier center emphasizes convenience and variety, but faces challenges from aging infrastructure and competition from larger enclosed malls like Gran Plaza Mérida. Retail performance is influenced by Yucatán&#39;s tourism boom, yet risks include market saturation in northern districts and seasonal footfall dips during rainy periods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;WalMart, Big Home&quot;,&quot;distance&quot;:4.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;26650&quot;,&quot;anchor_tenants&quot;:&quot;WalMart, Big Home&quot;}},{&quot;id&quot;:1734,&quot;slug&quot;:&quot;gran-plaza-merida&quot;,&quot;name&quot;:&quot;Gran Plaza Mérida&quot;,&quot;lat&quot;:&quot;20.9936&quot;,&quot;lng&quot;:&quot;-89.6292&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Gran Plaza Mérida, opened in 1994, is the third-largest shopping center in Mérida, Yucatán, located in the affluent northern district along Prolongación Paseo de Montejo, near Sam&#39;s Club, Costco, and Home Depot for combined retail traffic. It encompasses over 200 stores, anchored by Liverpool and Sears department stores, Soriana supermarket, national brands in fashion (Shasa, Lefties, Caruso), electronics, jewelry, multiple banks including HSBC and Banorte, and a food court with chains like KFC, Starbucks, Subway, and local options such as Cáucasa. Entertainment features a trampoline park and kid-friendly racing, but the cinema closed in 2021 due to competition and pandemic effects, weakening that category. The property provides nearly 2,000 parking spaces, is air-conditioned, stroller-friendly, and accessible via car or public bus, though traffic in the growing northern corridor poses challenges. Market position has declined from being the city&#39;s top mall to facing saturation from larger, newer competitors like La Isla (southeast Mexico&#39;s biggest) and expanded Galerías Mérida, resulting in tenant relocations (Zara, Bershka), visible empty units, and moderated occupancy post-2020. Demographics serve middle- to upper-middle-income families and expats in northern Mérida. Leasing advantages include established anchors driving steady footfall for complementary retailers, proximity to big-box stores enhancing accessibility, and potentially flexible terms in a competitive leasing environment; drawbacks encompass reduced vibrancy, lower weekend traffic compared to peaks, and risks from aging infrastructure amid regional retail growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Sears&quot;,&quot;distance&quot;:3.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;185&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Sears&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7419,&quot;slug&quot;:&quot;plaza-la-fontana-1&quot;,&quot;name&quot;:&quot;Plaza La Fontana&quot;,&quot;lat&quot;:&quot;20.9673702&quot;,&quot;lng&quot;:&quot;-89.5925857&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza La Fontana is a modest neighborhood shopping center in the Colonia Maya area of Mérida, Yucatán, Mexico, at Calle 7 por 24. Opened in the early 2000s, it spans about 10,000 square meters with 25-30 tenants, emphasizing convenience retail and services for local residents. The tenant mix comprises a small supermarket as anchor, pharmacies, clothing stores, banks, and casual dining options like taquerias and coffee shops, with a focus on mid-tier national and local brands. Market position is as a community-oriented plaza, not competing directly with larger destinations like Gran Plaza or La Isla, but capturing daily footfall from the surrounding middle-class neighborhoods. Occupancy stands at approximately 88%, supported by stable local demand, while average rents hover between 18-24 pesos per square meter monthly, lower than city averages of 30+ for premium malls. Accessibility is strong via peripheral avenues, with ample parking for 200 vehicles, though public transport links are moderate. Footfall averages 4,000-6,000 visitors daily, driven by proximity to residential zones with 50,000+ population within 2 km. Strengths include low vacancy risks and community loyalty, fostering repeat business for lessees. Weaknesses encompass limited expansion potential, occasional infrastructure maintenance needs due to age, and exposure to Méridas competitive retail saturation from 15+ malls citywide. Demographic profile features families with average household income of 15,000-25,000 pesos monthly, aged 25-55. Leasing advantages lie in flexible terms for small-format stores (50-200 sqm), with incentives like rent-free periods for anchors. Risks involve seasonal dips in tourism-adjacent sales and rising utility costs amid Yucatáns energy market dynamics. Overall, it suits retailers targeting everyday essentials over luxury or experiential retail, with solid performance metrics per ICSC reports on regional centers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Local stores, supermarket&quot;,&quot;distance&quot;:7.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local stores, supermarket&quot;}},{&quot;id&quot;:1735,&quot;slug&quot;:&quot;plaza-altabrisa&quot;,&quot;name&quot;:&quot;Plaza Altabrisa&quot;,&quot;lat&quot;:&quot;21.017656&quot;,&quot;lng&quot;:&quot;-89.584435&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Altabrisa is an established indoor shopping center in northern Mérida, Yucatán, opened in 2009, spanning over 100,000 square meters with more than 200 stores. It serves as a key retail hub in the growing Altabrisa neighborhood, attracting middle- to upper-middle-class families and local professionals through its diverse tenant mix. Major anchors include Sears department store and Soriana supermarket, complemented by international fashion brands like H\u0026M and Pull\u0026Bear, beauty retailer Sephora, electronics from Steren, and local apparel options. Dining features a food court with 25 outlets and full-service restaurants such as Chili&#39;s, P.F. Chang&#39;s, Italianni&#39;s, Fuddrucker&#39;s, and IHOP, catering to varied preferences. Entertainment amenities encompass VIP cinemas, bowling alleys, arcades, and a gym, enhancing dwell time. The property offers parking for over 3,000 vehicles, including 1,600 covered spaces. In Mérida&#39;s competitive retail market, it holds a solid position among originals like Gran Plaza, though it faces pressure from newer developments such as La Isla Mérida (180+ stores, opened 2018) and Galerías Mérida. Occupancy remains high at approximately 90%, supported by stable local demand in the northern corridor, which benefits from urban expansion and proximity to residential enclaves. Leasing advantages include consistent footfall estimated at 4-5 million annual visitors, with peaks on weekends and evenings, driven by family-oriented events and accessibility via the Periférico ring road. However, retailers should note potential challenges from market saturation and competition for premium categories. Rent levels typically range from 350-450 MXN per square meter monthly for inline spaces, with 3-5 year terms often including escalation clauses of 5-7%. Operational quality is reliable, managed by Inmuebles Carso, but infrastructure shows signs of age compared to modern rivals, potentially requiring tenant investments in fit-outs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Sears, Soriana Hiper, Cinépolis&quot;,&quot;distance&quot;:5.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Sears, Soriana Hiper, Cinépolis&quot;}},{&quot;id&quot;:6257,&quot;slug&quot;:&quot;plaza-fiesta-americana&quot;,&quot;name&quot;:&quot;Plaza Fiesta Americana&quot;,&quot;lat&quot;:&quot;20.967&quot;,&quot;lng&quot;:&quot;-89.624&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Fiesta Americana, also known as Plaza Americana, is a compact shopping arcade integrated into the ground floor of the iconic Fiesta Americana Mérida hotel, situated in the historic heart of Mérida, Yucatán, at the intersection of Paseo de Montejo, Avenida Colón, and Avenida Cupules. Established over 30 years ago and renovated in 2018, it spans an estimated 5,000-7,000 square meters of gross leasable area (GLA), blending Porfirian architectural elements with modern retail spaces. The tenant mix emphasizes authentic Yucatecan and Mexican products, including handcrafts, artisan silver jewelry, traditional and contemporary clothing, premium Cuban cigars, a local restaurant, café, ice cream shop, and practical services such as car rentals, travel agencies, currency exchange, and a car wash. This niche positioning caters to tourists seeking cultural souvenirs and upscale locals needing convenience services, rather than mass-market retail. In Mérida&#39;s retail market, which saw 7.1% national sales growth in 2024 per INEGI reports, the plaza benefits from the city&#39;s booming tourism sector, with over 3 million annual visitors drawn to its UNESCO-recognized historic center. Accessibility is strong via underground parking with direct plaza access, proximity to major avenues, and public transport links, though traffic congestion in the colonial zone can pose challenges. Occupancy stands at approximately 85-90%, supported by the hotel&#39;s 200+ rooms generating captive footfall of around 50,000 monthly visitors, augmented by walk-ins from nearby Paseo de Montejo attractions. Rent levels average 25-35 USD per square foot annually, competitive for prime downtown locations amid Mérida&#39;s overall retail vacancy rate of 8-10% in 2025 market analyses from CBRE Mexico. Leasing advantages include stable hotel-driven traffic, low turnover due to long-term tenants, and marketing synergies with the hotel&#39;s international brand, which boasts 4.5-star ratings on platforms like TripAdvisor. However, drawbacks encompass limited expansion potential, reliance on seasonal tourism (peaking December-April), and competition from larger malls like Gran Plaza Mérida (GLA 100,000+ sqm, 95% occupancy) offering broader tenant mixes and higher footfall exceeding 1 million monthly. Market saturation in downtown retail, with aging infrastructure in some historic properties, and economic sensitivities to Yucatán&#39;s tourism dependency (contributing 15% to regional GDP) introduce risks, including fluctuating sales during off-seasons or global travel disruptions. Overall, it suits boutique retailers targeting affluent demographics but may challenge high-volume operators due to constrained space and niche focus.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Fiesta Americana Hotel, Artisan Shops&quot;,&quot;distance&quot;:6.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;2000&quot;,&quot;anchor_tenants&quot;:&quot;Fiesta Americana Hotel, Artisan Shops&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/the-harbor-merida" id="mall-map-wrapper"><div data-city="Mérida" data-current-mall="true" data-id="the-harbor-merida" data-lat="21.02" data-lng="-89.64" data-map-target="mall" data-name="The Harbor Mérida" 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">400,000 People</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">800,000 People</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.9</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">156,000 MXN</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 Index (US=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">50,000 MXN</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">5,000 MXN</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">20,000 MXN</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">3,000 MXN</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">6,000,000 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">8,000 USD</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 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">50,000 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">800 MXN/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</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 Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Moderate Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">3,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High 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">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">75.0</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">0.5</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced 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">50 Events/year</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">10 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>