Mall del Norte

What Mall del Norte does

Mall del Norte is a privately held regional shopping center located at 5300 San Dario Avenue in Laredo, Texas, situated along the U.S.-Mexico border with direct access via Interstate 35. The property is owned and managed by CBL & Associates Properties, Inc. (NYSE:CBL), a publicly traded regional-mall REIT headquartered in Chattanooga, Tennessee. The center comprises 1.2 million-plus square feet of gross leasable area and operates as a multi-tenant retail and entertainment destination for Laredo-area residents and cross-border shoppers from Mexico.

The tenant mix spans three department-store anchors (Dillard's, Macy's, JCPenney), entertainment destinations (Cinemark Theatres with D-BOX and recliner seating, Main Event with bowling and laser tag, Chuck E. Cheese's, We Rock the Spectrum Kid's Gym), fitness (TruFit Athletic Clubs), and more than 160 specialty shops covering fashion (H&M, American Eagle, Hollister, Aeropostale, Victoria's Secret, A|X Armani Exchange, Buckle, JD Sports, Windsor), jewelry (Pandora, Zales, Kay Jewelers, Kendra Scott), and beauty (Bath & Body Works, Belle Brows & Beauty, @Grace). Dining runs from quick-service (Starbucks, Chick-fil-A, Charley's Philly Steaks, Auntie Anne's, Sbarro, Marble Slab Creamery) through casual dining (Olive Garden, Longhorn Steakhouse, Red Lobster, Logan's Roadhouse, Huddle House) to Cajun and Mexican concepts (Mr. Crabby's, Gorditas Monterrey). Seasonal activations (Santa's Workshop, Easter Bunny Garden) drive repeat visitation.

Revenue is generated almost entirely through commercial real estate leasing to tenants; the mall operator does not sell directly to consumers, and individual tenant retailers set their own retail pricing. Marketing is run locally by on-site Marketing Directors and supported through Facebook, Instagram, email newsletters, press releases, and community event partnerships. The on-site operating entity has 11-50 employees, with the property's economics accruing to CBL at the portfolio level. There are no disclosed e-commerce, proprietary technology platforms, AI/ML capabilities, or capital-markets activities for Mall del Norte as a standalone entity.

Name

Mall del Norte

Legal name

Mall del Norte

Website

https://malldelnorte.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Mall del Norte is a 1.2 million-plus square foot regional shopping center in Laredo, Texas, owned and managed by CBL & Associates Properties (NYSE:CBL). It serves Laredo-area residents and cross-border shoppers through anchor department stores, 160-plus specialty retailers, dining, and entertainment venues.

Ownership category

akta.pro rank

Product category

Shopping Center Operations

NAICS

General Merchandise Retailers (455), Department Stores (4551)

SIC

Retail-Misc General Merchandise Stores (5399), Retail-Department Stores (5311)

akta.pro primary industry

Regional Department Store–Anchored Multi-Category Retail (Store-in-Store) (CRAGAFAH)

Keywords

• Shopping center operations
• Retail property leasing
• Commercial real estate
• Mall management services
• Tenant leasing solutions

Headquarters

HQ city

Laredo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Commercial Real Estate Leasing: Mall del Norte generates revenue primarily through leasing retail space to various tenants including anchor stores (Dillard's, Macy's, JCPenney), restaurants, entertainment venues, and specialty retailers. The mall is owned and managed by CBL Properties of Chattanooga, Tennessee [NYSE:CBL].

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Mall del Norte is a 1.2 million+ square foot regional shopping center located in Laredo, Texas, along the Mexican border. The property provides leased retail, dining, and entertainment space to anchor department stores, specialty retailers, restaurants, and entertainment venues, and operates as a community shopping and gathering destination serving Laredo-area residents and cross-border shoppers from Mexico.

Product overview

Mall del Norte is a 1.2 million square foot regional shopping center in Laredo, Texas, owned and managed by CBL Properties [NYSE:CBL]. The property serves as a unified retail platform combining anchor department stores (Dillard's, Macy's, JCPenney), entertainment destinations (Cinemark Theatres, Main Event, Chuck E. Cheese's, We Rock the Spectrum Kid's Gym), fitness facilities (TruFit Athletic Clubs), and over 160 specialty shops spanning fashion (H&M, American Eagle, Aeropostale, Hollister, Victoria's Secret, Windsor, A|X Armani Exchange, Buckle, Charlotte Russe, BoxLunch), jewelry and accessories (Pandora, Zales, Kay Jewelers, Sunglass Hut), and beauty services (Bath & Body Works, Belle Brows & Beauty, @Grace). The dining portfolio includes quick-service (Starbucks, Chick-fil-A, Charley's Philly Steaks, Auntie Anne's, Sbarro), casual dining (Olive Garden, Longhorn Steakhouse, Red Lobster, Logan's Roadhouse, Huddle House), and entertainment dining (Chuck E. Cheese's, Mr. Crabby's, Marble Slab Creamery). Seasonal activations including Santa's Workshop and the Easter Bunny Garden provide recurring family entertainment experiences.

Differentiator

Problem solved

Functional benefit

Products and services

• Mall del Norte Shopping Center A 1.2 million+ square foot regional shopping center in Laredo, Texas, offering leased space to anchor retailers, specialty shops, restaurants, and entertainment venues for consumers to shop, dine, and access entertainment.
• Commercial Retail Space Leasing Leasing of in-line specialty retail space, anchor store locations, restaurant bays, and entertainment venues within the mall property to retail and dining tenants.

Named customers6 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Coca-ColaminorOthersCoca-Cola is listed as a sponsor of Mall del Norte. Coca-Cola is described as the world's leading manufacturer, marketer, and distributor of nonalcoholic beverage concentrates and syrups, used to produce nearly 400 beverage brands, with local operations in over 200 countries around the world.

Scale indicators4 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• Rouse Properties: Operator of enclosed regional malls in smaller US markets (acquired by Brookfield in 2016); directly comparable as a portfolio of mid-market regional malls anchored by Macy's, JCPenney, and Sears.
• Washington Prime Group: US open-air and enclosed mall operator focused on secondary and tertiary markets — directly comparable mid-market regional mall exposure, though currently in restructuring.
• PREIT (Pennsylvania REIT): Mid-cap US regional mall REIT (NYSE: PEI) operating enclosed regional malls with traditional department store anchors in secondary markets — directly comparable asset class and tenant profile to Mall del Norte.
• Macerich: US regional mall REIT (NYSE: MAC) with a portfolio of comparable mid-market regional malls anchored by Macy's, JCPenney, and Dillard's. Closest pure-play peer in terms of asset class, tenant mix, and secondary-market exposure.
• CBL & Associates Properties: Mall del Norte's publicly traded parent REIT (NYSE: CBL), which owns and operates a national portfolio of regional shopping centers of comparable size and tenant mix. Directly comparable as both owner and operator of similar mall assets.
• Brixmor Property Group: Publicly traded open-air and community shopping center operator (NYSE: BRX) with grocery-anchored and regional retail formats serving similar middle-market consumer demographics as Mall del Norte's Laredo trade area.
• Taubman Centers: US regional mall operator (now privately held after Simon acquisition) historically focused on Class A regional malls with upscale anchor and inline tenants — comparable in mall format and tenant-relations dynamics.

Broad incumbents

• Brookfield Property Partners: Global retail real estate platform owning a large US regional mall portfolio. Comparable as a diversified mall operator with overlapping tenant relationships, though substantially larger and more institutionally focused.
• Simon Property Group: Largest US mall REIT (NYSE: SPG), operating Class A regional and premium outlet centers. Comparable as a regional mall operator with similar anchor and inline tenant mix, though at much greater scale and with more affluent market exposure.

Emerging players

• Tanger Inc. US outlet center REIT (NYSE: SKT) operating factory outlet and open-air shopping destinations. Comparable as a value-oriented regional retail destination, though with an outlet rather than enclosed-mall format.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/MallDelNorte
• Instagraminstagram.com/malldelnorte
• Xx.com/MallDelNorte

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mall del Norte