Project Size: 184,746 sq. ft.
Details: Acquired: 2005
Plaza del Oeste is a 184,746 square foot community shopping center located on Highway 2 in San German, Puerto Rico. San German is in the southwest portion of the island and approximately eight miles southeast of Mayaguez, Puerto Rico's third largest city.
Plaza del Oeste, and neighboring Camino Real, also owned by Developers Diversified, are the dominant shopping destinations in the trade area, with very little competition in the market. Plaza del Oeste is the larger of the two shopping centers and is anchored by Big Kmart and Pueblo Supermarket. The tenant mix within the balance of the shopping center includes a variety of national, regional and local retailers including Claro, Excentrix, Foot Locker, Gamestop, GNC, Kress, La Defensa, La Gran Via, Marianne, Payless ShoeSource, Radio Shack, Rainbow and Sally Beauty.
The shopping center's trade area includes more than 210,500 people with an average household income of more than $33,500 within a 10-mile radius.