Feb 2, 2016
NAI Rio Grande Valley: McAllen dominates Valley retail sales
McALLEN - Even though the Mexican peso has lost value during the last few weeks, the economy continues to grow stronger in South Texas, according to Mike Blum, managing partner of NAI Rio Grande...
McALLEN – Even though the Mexican peso has lost value during the last few weeks, the economy continues to grow stronger in South Texas, according to Mike Blum, managing partner of NAI Rio Grande Valley.
Blum told Texas Border Business, “Here is a different way to look at the data across the Valley in the cities indicated. Material growth in all cities occurred from 2008 to 2015. Much of the growth is attributable not only to the addition of retail opportunities in Edinburg, Mission, Pharr, Weslaco, Mercedes, Harlingen and Brownsville, but to a generally more stable economy overall.”
Blum emphasized, “McAllen remains the dominant retail location valley wide."
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