Mexican shoppers boost Laredo outlet opening

President Trump’s real estate compadres at CBL and Horizon Group are no doubt hoping he holds off on building that wall.



The companies opened The Outlet Shoppes in the Texas border town of Laredo this week and report experiencing high traffic and sales volumes, in large part due to Mexica shoppers flocking to the site.



“We always knew the center would be strong with its position close to the major bridges to Mexico and its proximity to Monterrey, but we never anticipated the volume of shoppers we experienced our first weekend,” said Gary Skoien, president and CEO of Horizon Group.



Added CBL chief executive Steven Lebovitz: “We have a strong presence in Laredo as the owner of Mall del Norte and we are excited to expand our footprint in this dynamic and growing market.”



Tenants at the 358,000-sq.-ft. center include Nike, A’gaci, Michael Kors, Very Bradley, Puma, Columbia, and Sunglass Hut. Looking toward summer openings are Banana Republic, GAP, H&M, and Old Navy.