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Mango Opens First Texas Location At Memorial City Mall In Houston's Retail Market

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LEASED

Texas

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Retail1,148 SF
Leased 08/02/2023
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Property Image
LEASED

Mango Opens First Texas Location At Memorial City Mall In Houston's Retail Market

303 Memorial City Way Houston, TX 77024, USA

See Similar Deals
Retail1,148 SF
Leased 08/02/2023

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:1,148 SF
Transaction Type:Lease

A European fashion brand, Mango, has opened its first location in Texas at Memorial City Mall in Houston. The new store exclusively stocks Mango's women's line and spans across 1,148 square feet. The store features Mango's Mediterranean-inspired store concept, known as New Med. This expansion is part of Mango's U.S. expansion effort, with plans to open six more stores in Texas.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Address: 303 Memorial City, Houston
  • Market: Houston
  • Landlord: MetroNational - Danna Diamond
  • Tenant: Mango - Daniel López

With the launch of its first Texas location at Memorial City Mall, Mango aims to attract customers with its unique Mediterranean-inspired store concept, New Med. The store is part of Mango's wider strategy to establish its presence in the U.S. market. The company has plans to further expand its retail footprint by opening six additional stores in Texas, solidifying its commitment to the region.

Details

LEASED
IMAGE: Danna Diamond & Daniel López DATE: 08/02/2023 ADDRESS: 303 Memorial City MARKET: Houston ASSET TYPE: Retail ~ SF: 1,148 LANDLORD: MetroNational (@MetroNational) - Danna Diamond TENANT: Mango (@Mango) - Daniel López NOTE: European fashion brand Mango has opened its first Texas location in Memorial City Mall, Houston, exclusively stocking the brand's woman line. The 1,148-square-foot store features Mango's Mediterranean-inspired store concept, New Med, as part of their U.S. expansion effort with plans to open six more stores in Texas.

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Effective Rent (Annual)

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Total Lease Value

$658,026.67

Net Landlord Cash Flow$65,802.67