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The Outlets at Montehiedra
The Outlets At Montehiedra, formerly known as the Montehiedra Town Center, is an enclosed shopping mall in San Juan, Puerto Rico. Anchor stores for the mall are a Marshalls MegaStore, Burlington, Old Navy, and a Home Depot as an out parcel. The former Kmart, which served as an anchor to the mall from the very beginning which closed in 2021, has found replacement primarily by a Ralph's Food Warehouse and a TJ Maxx. It was also formerly anchored by a Tiendas Capri which closed in 2024, now being replaced by a Burlington. The mall additionally features a 14-screen Caribbean Cinemas.
The Montehiedra Town Center was developed by Manley Berenson, Yebba Realty Ventures, and the Kmart Corporation. It initially opened in 1994 with the anchor stores of Kmart, Marshalls and Builders Square. It also featured a Caribbean Cinemas and a Discovery Zone.
In 1997, Vornado Realty Trust would acquire the mall for $74 million.
In 2001, the Montehiedra Town Center was anchored by a Kmart, Masso, Marshalls, and a 14-screen Caribbean Cinemas. It featured establishments such as KB Toys, RadioShack, Payless ShoeSource, Rave, Spec's Music, Sunglass Hut, J. Riggings, Marianne, GNC, 5-7-9, Baker’s Shoes, Claire’s, and others. The center also had a very successful food court with over a dozen choices such as Sbarro, Wetzel’s Pretzels, Taco Maker, and others. Small store sales approaching $500 per square foot confirmed that Montehiedra was a premier shopping destination in Puerto Rico.
On November 8, 2003, it was reported that Marshalls had opened its fifth megastore in Puerto Rico, a 56,000 square foot outlet at the Montehiedra Town Center, with 100 employees, said Angelo Mercado, the chain's island spokesman. This would convert the original Marshalls store at the mall into the “megastore” concept. Marshalls opened its first megastores on the island starting in 1999. The first two were at Plaza Caparra in Guaynabo and Bayamon Shopping Center. The other two were in Carolina and the Mayagüez Mall.
On November 27, 2003, it was reported that the operators of Montehiedra Town Center were negotiating with six or seven new tenants to achieve full occupancy of the 500,000 square foot mall in the first quarter of 2004, said Alfred R. Yebba, chief operating officer of Berenson Associates. Yebba said the new additions would catapult the property into a leadership position in the mid-to-southern part of the San Juan metro area. The new tenant mix also fitted in nicely with a plan to attract more family oriented businesses and create an environment that was fun and interesting, he said. Montehiedra was the focus of Berenson's attention as part of a corporate directive to transform the mall into a more family-oriented shopping center. Yebba said Montehiedra was an upscale area that has become a magnet for residential developments geared to families. “We are (trying) to move the property in that direction," he said. One tenant that would move to Montehiedra that following year was Chili's Restaurant. A 6,300 square foot restaurant that was scheduled to begin construction in that early January and to open for business in the summer of 2004. "The addition of this type of family-style restaurant to Montehiedra is exciting because it fits perfectly with our plans for the property," said Yebba. Marshalls' outlet at Montehiedra had been re-inaugurated as a 60,000 square foot Mega Store, doubling its previous size, which enabled it to carry a greater assortment of merchandise.
On March 18, 2004, it was reported that Walmart was wrapping up negotiations for an Amigo Supermarket in the Montehiedra Town Center and was seeking to expand in the island's western region. The Amigo in Montehiedra would occupy 26,273 square feet, according to industry sources close to the company. Massachusetts-based architectural firm Arrowstreet was in charge of designing and constructing the supermarket. Sources said Pueblo and CompUSA were interested in this space, but the mall's executives decided in favor of Amigo.
On September 22, 2005, it was reported that the Montehiedra Town Center wouldn’t have any vacant spaces. Five retailers Tiendas Capri, Bared, Romano's Macaroni Grill, Le Club, and Clark's have opened or confirmed plans to open at the mall, and another four or five were eyeing locations there. Río Piedras' Montehiedra Town Center, built in 1994, had around 550,000 square feet and was Puerto Rico's 13th-largest shopping center. In its 2004 annual report, parent company Vornado Realty Trust explained Montehiedra had an occupancy rate of 89.1%. That percentage was about to go up. Capri had just opened its 18th store, which occupied 32,000 square feet, at Montehiedra. The store, built with an $800,000 investment, employed some 50 people, said chain President Jorge Carlos Pica. Another retailer that opened in Montehiedra was jewelry chain Bared, which invested $500,000 in the new store. This was actually an expanded version of a smaller store the company had at the mall. The store was relocated within the mall, and its space was almost doubled to 1,600 square feet.
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The Outlets at Montehiedra
The Outlets At Montehiedra, formerly known as the Montehiedra Town Center, is an enclosed shopping mall in San Juan, Puerto Rico. Anchor stores for the mall are a Marshalls MegaStore, Burlington, Old Navy, and a Home Depot as an out parcel. The former Kmart, which served as an anchor to the mall from the very beginning which closed in 2021, has found replacement primarily by a Ralph's Food Warehouse and a TJ Maxx. It was also formerly anchored by a Tiendas Capri which closed in 2024, now being replaced by a Burlington. The mall additionally features a 14-screen Caribbean Cinemas.
The Montehiedra Town Center was developed by Manley Berenson, Yebba Realty Ventures, and the Kmart Corporation. It initially opened in 1994 with the anchor stores of Kmart, Marshalls and Builders Square. It also featured a Caribbean Cinemas and a Discovery Zone.
In 1997, Vornado Realty Trust would acquire the mall for $74 million.
In 2001, the Montehiedra Town Center was anchored by a Kmart, Masso, Marshalls, and a 14-screen Caribbean Cinemas. It featured establishments such as KB Toys, RadioShack, Payless ShoeSource, Rave, Spec's Music, Sunglass Hut, J. Riggings, Marianne, GNC, 5-7-9, Baker’s Shoes, Claire’s, and others. The center also had a very successful food court with over a dozen choices such as Sbarro, Wetzel’s Pretzels, Taco Maker, and others. Small store sales approaching $500 per square foot confirmed that Montehiedra was a premier shopping destination in Puerto Rico.
On November 8, 2003, it was reported that Marshalls had opened its fifth megastore in Puerto Rico, a 56,000 square foot outlet at the Montehiedra Town Center, with 100 employees, said Angelo Mercado, the chain's island spokesman. This would convert the original Marshalls store at the mall into the “megastore” concept. Marshalls opened its first megastores on the island starting in 1999. The first two were at Plaza Caparra in Guaynabo and Bayamon Shopping Center. The other two were in Carolina and the Mayagüez Mall.
On November 27, 2003, it was reported that the operators of Montehiedra Town Center were negotiating with six or seven new tenants to achieve full occupancy of the 500,000 square foot mall in the first quarter of 2004, said Alfred R. Yebba, chief operating officer of Berenson Associates. Yebba said the new additions would catapult the property into a leadership position in the mid-to-southern part of the San Juan metro area. The new tenant mix also fitted in nicely with a plan to attract more family oriented businesses and create an environment that was fun and interesting, he said. Montehiedra was the focus of Berenson's attention as part of a corporate directive to transform the mall into a more family-oriented shopping center. Yebba said Montehiedra was an upscale area that has become a magnet for residential developments geared to families. “We are (trying) to move the property in that direction," he said. One tenant that would move to Montehiedra that following year was Chili's Restaurant. A 6,300 square foot restaurant that was scheduled to begin construction in that early January and to open for business in the summer of 2004. "The addition of this type of family-style restaurant to Montehiedra is exciting because it fits perfectly with our plans for the property," said Yebba. Marshalls' outlet at Montehiedra had been re-inaugurated as a 60,000 square foot Mega Store, doubling its previous size, which enabled it to carry a greater assortment of merchandise.
On March 18, 2004, it was reported that Walmart was wrapping up negotiations for an Amigo Supermarket in the Montehiedra Town Center and was seeking to expand in the island's western region. The Amigo in Montehiedra would occupy 26,273 square feet, according to industry sources close to the company. Massachusetts-based architectural firm Arrowstreet was in charge of designing and constructing the supermarket. Sources said Pueblo and CompUSA were interested in this space, but the mall's executives decided in favor of Amigo.
On September 22, 2005, it was reported that the Montehiedra Town Center wouldn’t have any vacant spaces. Five retailers Tiendas Capri, Bared, Romano's Macaroni Grill, Le Club, and Clark's have opened or confirmed plans to open at the mall, and another four or five were eyeing locations there. Río Piedras' Montehiedra Town Center, built in 1994, had around 550,000 square feet and was Puerto Rico's 13th-largest shopping center. In its 2004 annual report, parent company Vornado Realty Trust explained Montehiedra had an occupancy rate of 89.1%. That percentage was about to go up. Capri had just opened its 18th store, which occupied 32,000 square feet, at Montehiedra. The store, built with an $800,000 investment, employed some 50 people, said chain President Jorge Carlos Pica. Another retailer that opened in Montehiedra was jewelry chain Bared, which invested $500,000 in the new store. This was actually an expanded version of a smaller store the company had at the mall. The store was relocated within the mall, and its space was almost doubled to 1,600 square feet.