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Plaza Satélite

State of Mexico. Retail
Plaza Satélite Fibra Soma

Originally designed by Juan Sordo Madaleno, Plaza Satélite opened in 1971 in the municipality of Naucalpan, State of Mexico, becoming one of the country’s first shopping centers and a landmark in the evolution of modern retail development in Mexico.

From its inception, the project was conceived as a community anchor, playing a pivotal role in the urban transformation of its surroundings and contributing to the consolidation of Ciudad Satélite as one of the most active commercial and transit hubs within the Greater Mexico City metropolitan area. Its strategic location has been instrumental in ensuring excellent accessibility, high visibility, and consistent visitor traffic.

Year
Original 1971 / Expansion 2018 / 2020
Location
State of Mexico
GLA
76,803 sqm

Throughout its history, Plaza Satélite has continuously evolved through a series of interventions that have reinforced its market position. Since its inauguration in 1971, the property has undergone significant transformations led by Sordo Madaleno Arquitectos, most notably the comprehensive renovation and expansion completed in 2018, which modernized the complex to respond to evolving consumer preferences and market trends.

As part of this evolution, a 40,000 sqm urban park was introduced in 2020 above the parking structure, creating a community-oriented public space that significantly expanded the property’s offering of open-air recreational and gathering areas.

This latest transformation reaffirmed the asset’s urban character by integrating retail with landscaped public spaces, including an open-air amphitheater, a jogging track, and a variety of publicly accessible recreational areas, further strengthening its position as one of the largest and most significant shopping centers in Latin America.

Today, Plaza Satélite is home to approximately 283 retail units, offering a diverse mix of fashion, services, entertainment, and dining. This comprehensive retail offering continues to position the property among the most visited shopping centers in Mexico, supported by a mature and resilient operating profile with a strong ability to adapt and sustain long-term performance.

Sustainability

Water

Plaza Satélite has developed a preventive approach to addressing water availability challenges. In addition to operating three wastewater treatment plants (WWTPs) that enable on-site water reuse for restroom facilities and landscape irrigation, the property conducts continuous inspections to detect leaks, has installed sensor-operated restroom fixtures, and promotes awareness campaigns among tenants to encourage responsible water use. With water consumption of 0.28 m³ per square meter of built area, Plaza Satélite ranks among the most water-efficient properties in the portfolio.

Energy

The property maintains an energy management approach based on continuous monitoring through meters and periodic equipment inspections, helping identify opportunities for improved efficiency and ensuring reliable operational performance.

Public Program

Plaza Satélite creates shared value through social support initiatives, community assistance programs, and investments in urban infrastructure and environmental mitigation projects, contributing to the development of its surrounding area and strengthening relationships with the local community.

Additionally, the property promotes a diverse social agenda focused on healthcare, animal welfare, access to water, and children’s well-being. These activities encourage the participation of visitors, employees, and the broader community through donation drives, awareness campaigns, and in-kind contributions, highlighting the property’s ability to engage hundreds of participants and generate tangible benefits for various vulnerable groups.

Foundations / Causes Supported
6 initiatives supported in 2025 and 3 initiatives reported during 2026.