Thor goes loco in Mexico
Within the span of little more than a month, Thor Equities will have opened retail centers with more than 5 million buildable sq. ft. in Mexico.
In concert with its Mexican subsidiary Thor Urbana, the developer opened The Harbor Merida, a 1.6 million-sq.-ft. lifestyle and entertainment center on Oct. 19. It houses more than 120 retailers including Sephora, Forever 21, Steve Madden, Under Armour, Innovasport and Miniso.
On Nov. 9, Thor Urbana will open Town Square Metepec, a lifestyle retail center with more than1.7 million buildable sq. ft. One of the fastest-growing regions in the State of Mexico, Metepec has drawn Old Navy, Flexzone, Pandora, Swarovski, MAC Cosmetics, Lacoste, and Under Armour to the center.
The Landmark Guadalajara, a mixed-use development comprised of more than 2 million sq. ft. of retail, office space, and luxury residences, is set to open on Nov. 22. It is located in the Puerta de Hierro district, a prestigious community in the state of Jalisco.
“We continue to believe strongly in the performance of commercial, hotel and mixed-use properties in major cities and tourist destinations in Mexico and elsewhere in Latin America, particularly emerging areas where we see an opportunity for significant long-term growth,” said Thor chairman Joseph Sitt.
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