welcome Located in Corpus Christi, Texas, the La Palmera Shopping District is the premier retail destination in the state s Coastal Bend region, offering more than 130 retail and dining options. The 1-million-square-foot La Palmera is the result of a $50M transformation of the former Padre Staples Mall. La Palmera is a world-class leisure destination on par with the best malls in Texas.
El Paso TEXAS Fort Worth Dallas San Antonio Austin Houston Laredo Corpus Christi McAllen Brownsville CORPUS CHRISTI, TX Located on the Gulf of Mexico, halfway between Houston and the U.S./Mexican border, and is the eighth largest city in Texas Strategically located on one of the major interstate highways, providing easy access for tourists The Port of Corpus Christi is the sixth largest port in the nation; 150 miles from the U.S./Mexico border; 24,000-acre foreign trad zone (largest in U.S.) The hub of economic activity is generated by the Eagle Ford Shale gas play
Population (2016) 514,111 Avg. HH Income $68,686 HH Income > $75K 62,467 Daytime Population 380,685 CORPUS CHRISTI TRADE AREA
La Palmera LIFESTYLE GRID MAP
AREA RETAIL
Port Aransas Mustang Island Gulf of Mexico Corpus Christi Naval Air Station Texas A&M University Corpus Christi Laguna Madre Padre Island Corpus Christi Bay South Padre Island Drive (SPID) SITE AERIAL
visit 8M visitors contribute over $1.2 billion to the Corpus Christi economy annually. Reasons to Explore Corpus Christi: Beaches and Resorts USS Lexington American Bank Center and Convention Center Texas State Aquarium Wildlife Refuge Art Museum of South Texas Texas Surf Museum Museum of Science and History Corpus Christi IceRays Hockey Schlitterbahn Corpus Christi South Texas Botanical Gardens and Nature Center Hooks Minor League Baseball Team Sport Fishing Capital of Texas US Open Windsurfing and Kite Boarding Sailing
community The Port of Corpus Christi is the sixth largest U.S. port Texas A&M University Corpus Christi 11,661 Students (expansion plans for 16,000) 1,400 Faculty Members Texas A&M University Kingsville (30 miles away) 8,300 Students Six major hospitals make Corpus Christi a medical hub for South Texas Home to two U.S. military installations Corpus Christi Army Depot Corpus Christi Naval Air Station International Airport Winter Texans: Considerable population growth during the winter months Strong petrochemical industry and growing aerospace sector Strategic location with excellent highway, deep water and rail access Positive, progressive business climate
LA PALMERA PROPERTY OVERVIEW Size: 1,024,331 sf Anchors: Dillard s, Macy s, JCPenney $50 million major renovation completed in 2010 The only super-regional mall within 140+ miles LEED Certified Sustainable design 600-seat food court located on the lower level with 4,000 gallon feature aquarium Children s play area with aquatic theme Fountain inside and interactive pop fountains outside TENANTS INCLUDE Francesca s Dillard s Macy s JCPenney Coach Express Pandora Longhorn Steakhouse Grimaldi s Coal Brick- Oven Pizzeria P.F. Chang s Victoria s Secret Aldo MAC Michael Kors H&M White House Black Market
LA PALMERA RETAIL COLLECTION
TRANSFORMATION Rebranding and a $50 million renovation has transformed La Palmera into a shopping destination that satisfies the once unmet demand.
BEFORE AFTER MAIN ENTRANCE
BEFORE AFTER SIGNAGE
BEFORE AFTER PALM COURT
BEFORE AFTER CENTER COURT
BEFORE BEFORE BEFORE AFTER AFTER AFTER FOOD COURT, AQUARIUM & CHILDREN S PLAY AREA
LA PALMERA OUTDOOR LIFESTYLE DISTRICT [PROPOSED] PHASE 1
LA PALMERA OUTDOOR LIFESTYLE DISTRICT [PROPOSED] PHASE 1
OWNERS & OPERATORS TRADEMARK PROPERTY CO. Privately held, based in Fort Worth, 100+ employees Full service firm focused on investments, development and services of experiential, retail and mixed use properties. Unprecedented commitment to Green Development MILLER CAPITAL ADVISORY, INC. (MCA) Pension advisor that invests in Class A retail Portfolio has an average sales volume of $650/SF Nation s top-performing mall portfolio (Houston Galleria, Oakbrook, Kierland Commons, Scottsdale Fashion Square) OPERATIONS AND MANAGEMENT Fred Walters: Former VP/GM for Santana Row for four years; former GM for Grand Canal Shoppes at the Venetian Resort for nine years.
TESTIMONIALS We are truly happy with the dramatic transformation at La Palmera, and we are excited to be a part of it. Trademark s visionary achievement at La Palmera is mall revitalization done right. This premier development provides South Texas residents and visitors a unique experience in shopping, dining and entertainment. William Dillard, II, Chairman and Chief Executive Officer, Dillard s Francesca s had a presence in Corpus Christi for several years. When we learned of the acquisition of La Palmera by a quality developer like Trademark with a vision for transforming real estate, we were immediately interested. Over time, their plan was wonderfully executed, which encouraged us to relocate our existing boutique. As a result, our sales have increased tremendously. Clary H. Groen, Vice President of Real Estate and Construction, Francesca s Trademark took the high road and successfully navigated a difficult political and economic climate in Corpus Christi. They have been a great partner in delivering on their promises to our city above our expectations. Their work at La Palmera is having a very positive impact on our community. Joe Adame, Former Mayor, Corpus Christi, Texas This renovation of Padre Staples Mall will change the retail landscape in South Texas. Wes Cherry, Former Vice President of Real Estate, Dillard s
MAY17 CORPUS CHRISTI, TEXAS lapalmera.com Stacy Barton, Senior Leasing Representative sbarton@trademarkproperty.com P: 817.509.4161 David Muckleroy, Senior Leasing Representative dmuckleroy@trademarkproperty.com P: 817.639.2718 INVESTMENTS DEVELOPMENT INSTITUTIONAL SERVICES 1701 River Run, Suite 500, Ft. Worth, TX 76107 817.870.1122 trademarkproperty.com