Arena Mall opened in 2004 at the Herzliya Marina, on Yordei HaSira Street, with approximately 23,000 square meters of GLA. The property is a marina-front lifestyle mall that combines retail, dining, and entertainment with direct waterfront access, in a format that contrasts with the enclosed regional malls dominant elsewhere in Israel.
Israel Land Development Company (TASE: ILDC) developed and operates the asset alongside its other Herzliya Pituach holdings. The marina location places the property in one of the highest-income catchments in Israel, with the surrounding Herzliya Pituach residential and tech corridor anchoring the trade area. The mall pulls additional spend from leisure visitors, hotel guests, and yacht-owning Israelis using the marina facilities.
Tenant mix runs heavy on premium fashion, beauty, lifestyle, and dining concepts targeting the Herzliya Pituach high-income catchment. The property’s waterfront-facing food and beverage cluster has historically been the strongest performer, capturing afternoon and evening leisure dining rather than competing for the lunch-hour office worker spend that BIG Fashion Glilot and Sarona attract.
The 2025 opening of BIG Fashion Glilot just south of Herzliya Pituach has shifted the competitive dynamics in the corridor. Factory 54’s anchor pop-up store at Arena Mall closed in early 2025 as part of the chain’s migration to BIG Fashion Glilot, and other premium fashion tenants have re-evaluated their Arena Mall presence in response to the new flagship location. Arena’s marina format and Saturday opening hours remain structural advantages.
For brand expansion teams, Arena Mall offers a leisure-anchored, marina-front Israeli location with a high-income catchment, well-suited for lifestyle brands rather than mass-market fashion or family-oriented categories.
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