All, Aguada: A Premier Destination for Commercial Real Estate

Introduction

Aguada, a burgeoning city in Puerto Rico, is fast becoming a hub for commercial real estate (CRE) opportunities. With a population that is steadily growing, Aguada boasts a diverse economy supported by industries such as tourism, manufacturing, and agriculture. Strategically located on the island's west coast, Aguada's unique positioning within the CRE market offers numerous opportunities for investors and developers alike.

Economic and Industry Overview

Aguada's economy is primarily driven by tourism, agriculture, and manufacturing. These sectors have a significant impact on the demand for various commercial property types, including retail spaces for the burgeoning tourism industry and industrial facilities for manufacturing and agricultural processing. The Puerto Rico Economic Development Department actively supports initiatives to attract businesses and investors to the region, enhancing the CRE landscape.

Strategic Location and Transportation Infrastructure

Aguada benefits from its strategic location, providing easy access to major transportation routes. The city is connected by Highway PR-2, facilitating efficient transportation across the island. Additionally, Aguada is near the Rafael Hernández Airport in Aguadilla and the Port of Mayagüez, offering logistical advantages for distribution and access to labor pools. For more information on regional transportation, visit the Puerto Rico Department of Transportation.

Commercial Real Estate Inventory & Zoning

Aguada’s CRE market is characterized by several submarkets, including the central business district and peripheral industrial corridors. Key asset classes in the area include industrial, retail, and office spaces. The city is proactive in encouraging development through zoning incentives and overlays. For detailed zoning information, access the City of Aguada Zoning Map.

Major Employers and Institutions

The presence of significant employers such as manufacturing firms and educational institutions like the University of Puerto Rico at Mayagüez drives demand for CRE in Aguada. These entities serve as key anchors for the local economy and support a robust commercial real estate market. More information can be found in the Aguada Business Directory.

Notable Commercial Developments & Projects

Aguada is witnessing several large-scale development projects, including mixed-use complexes and innovation parks. Public-private partnerships are prevalent, promoting economic growth and providing opportunities within designated Opportunity Zones. Details on ongoing projects can be accessed through the Aguada Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential for navigating the building and development landscape in Aguada:

• City of Aguada Building and Safety Department
• Aguada Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Public data sets, including those from census.gov, provide valuable insights into Aguada’s economic landscape. Brevitas leverages AI-powered aggregation of these data and internal insights to offer comprehensive analytics. Explore Brevitas-powered dashboards for Aguada here.

Why Use Brevitas for All, Aguada CRE?

Brevitas offers a suite of tools tailored for the Aguada CRE market:

• AI-driven CRE Discovery: Access to intelligent property searches and market alerts.
• Smart Property Pages: Comprehensive property listings with dynamic content.
• Dealroom Collaboration: Streamlined transaction management with brokers and developers.
• Exclusive Listings: Gain premium exposure through exclusive listing opportunities.

Utilize Brevitas to stay ahead in the Aguada commercial real estate market, with features designed to maximize investment potential and market reach.