The Mall at Sierra Vista

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The Mall at Sierra Vista
The Mall at Sierra Vista
Location Sierra Vista, Arizona, US
Coordinates 31°31′45″N110°15′35″W / 31.5291000°N 110.2596860°W / 31.5291000; -110.2596860 [1]
Address2200 El Mercado Loop
Sierra Vista, Arizona 85635
Opening dateOctober 1999;24 years ago (1999-10)
DeveloperJP Realty [2]
Management Kohan Retail Investment Group
Summit Properties USA
Owner Kohan Retail Investment Group
Summit Properties USA
No. of stores and services40
No. of anchor tenants 4 (3 open, 1 vacant)
Total retail floor area 400,000 sq ft (37,000 m2) (GLA)
No. of floors1
Website http://www.themallatsierravista.com/
The mall at Sierra Vista The Mall at Sierra Vista.jpg
The mall at Sierra Vista

The Mall at Sierra Vista is an indoor shopping center in Sierra Vista, Arizona, United States owned and managed by Kohan Retail Investment Group. It was constructed during the late 1990s. Sierra Vista was one of the fastest-growing communities in Arizona and the major population center for southeastern Arizona. The developers had hoped to market to the growing community, which had no other malls. It was the first major mall to be built in southeastern Arizona, with of retail space. [3]

Contents

This regional mall [4] serves a large portion of southeastern Arizona and northern parts of the Mexican state of Sonora. A recent survey indicated that as much as 30% of the mall's shoppers come from Sonora, traveling as far away as Nacozari and Cumpas, 120 miles (190 km) south of the border, just to shop there. [5]

In addition to shopping, the Mall at Sierra Vista hosts the annual Festival of Trees, [6] [7] the Festival of Giving, [8] and an annual Car Show for the Boys and Girls Club. [9] The Mall merits a mention in Ethel Jackson Price's 2003 book, Sierra Vista: a Young City with a Past. [10]

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at The Mall as Sierra Vista, into Seritage Growth Properties. [11] On October 15, 2018, it was announced that Sears would be closing as part of a plan to close 142 stores nationwide. [12] In January 2019, Seritage listed the Sears property for sale due to limited redevelopment opportunities. [13]

In May 2019, the mall was listed for sale; For 2 years, no buyer has been found. Then in July 2021, Kohan Retail Investment Group purchased the mall alongside 6 other malls from Brookfield Asset Management.

Anchors

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References

  1. ↑ U.S. Geological Survey Geographic Names Information System: The Mall at Sierra Vista
  2. ↑ "JP Realty is king of the malls". 4 May 1999.
  3. ↑ "Turner Awarded Multi-Million-Dollar Contract To Build The Mall At Sierra Vista, Sierra Vista, Arizona". Turner Construction. 1999-03-18. Last accessed 2007-11-26.
  4. ↑ ICSC Shopping Center Definitions: Basic Configurations and Types for the United States Archived 2009-03-25 at the Wayback Machine . The International Council of Shopping Centers, 2004. Last accessed 2007-11-26.
  5. ↑ Clark, Jonathan (2006-04-28) "Mexican shoppers wield clout" The Sierra Vista Herald. Last accessed 2007-11-26.
  6. ↑ "The 8th Annual Festival of Trees" theMallatSierraVista.com . Last accessed 2007-11-26.
  7. ↑ Ory, Laura (2007-11-18) "Decking the mall: Locals set up Christmas trees for SV hospital fundraiser" The Sierra Vista Herald. Last accessed 2007-11-26.
  8. ↑ Ory, Laura (2007-10-28). "Habitat for Humanity group gets a new home" The Sierra Vista Herald. Last accessed 2007-11-26.
  9. ↑ Car Show News: Arizona Car News Schedule. CarShowNews.com, Inc. Last accessed 2007-11-26
  10. ↑ Price, Ethel Jackson (2003). Sierra Vista: a Young City with a Past, 160 p. Arcadia Publishing ISBN   0-7385-2434-4.
  11. ↑ "At the Mall at Sierra Vista | Seritage".
  12. ↑ "Sears to keep Tucson stores amid bankruptcy; Sierra Vista store to close | Business News | tucson.com".
  13. ↑ "2250 el Mercado Loop, Sierra Vista, AZ 85635 - OfficeRetail for Lease".
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