American Samoa: A Premier Destination for Commercial Real Estate

Introduction

American Samoa, an unincorporated U.S. territory located in the South Pacific, offers unique commercial real estate (CRE) opportunities. With its strategic positioning, robust local economy, and burgeoning industries, American Samoa is a growing hub for CRE investments. The territory's economy is primarily driven by tuna canning, government services, and tourism, providing diverse opportunities for office, industrial, and retail properties.

Economic and Industry Overview

American Samoa's economy is centered around several key industries, which significantly impact the demand for various commercial property types:

• Tuna Canning Industry: As the largest private sector employer, the tuna canning industry drives industrial property demand, with facilities for processing and distribution.
• Government Services: The government sector provides stability and demand for office spaces.
• Tourism: Although smaller in scale, tourism supports retail and hospitality property development.

The territory is supported by regional economic development initiatives aimed at enhancing infrastructure and fostering business growth.

Strategic Location and Transportation Infrastructure

American Samoa's strategic location in the Pacific Ocean provides logistical advantages:

• Ports: The Port of Pago Pago is vital for cargo shipping and fishing industries, enhancing industrial property attractiveness. Port of Pago Pago
• Airports: Pago Pago International Airport facilitates passenger and cargo transport, supporting commercial activities. Pago Pago International Airport
• Highways: A network of major roads connects key areas, facilitating easy access to labor pools and commercial zones.

Commercial Real Estate Inventory & Zoning

American Samoa's CRE landscape is characterized by distinct submarkets:

• Central Business District (CBD): Dominated by government offices and retail spaces.
• Industrial Corridors: Areas near the port and airport are prime for industrial and logistics properties.
• Retail and Mixed-Use Developments: Emerging in response to tourism and local consumer needs.

The territory offers zoning incentives and overlays to encourage development, with information available on the American Samoa Government Zoning Map.

Major Employers and Institutions

American Samoa hosts several key employers and institutions driving CRE demand:

• StarKist Samoa: A leading tuna processing plant.
• American Samoa Government: Providing significant employment opportunities.
• Educational Institutions: The American Samoa Community College supports workforce education.

For more information, visit the American Samoa Department of Commerce.

Notable Commercial Developments & Projects

American Samoa is witnessing several notable developments:

• Mixed-Use Projects: Combining retail, office, and residential spaces to maximize land use.
• Public-Private Partnerships: Facilitating infrastructure improvements and commercial growth.

Information on current and planned projects can be accessed through the American Samoa Department of Public Works.

Building Permits, Planning, and Development Tools

Key resources for developers include:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

American Samoa offers various public data sets for market analysis:

• Census.gov
• American Samoa Open Data Portal

Brevitas leverages AI-powered aggregation from public data and internal insights to offer comprehensive market analysis. Explore Brevitas-powered dashboards for American Samoa here.

Why Use Brevitas for American Samoa CRE?

Brevitas provides unparalleled tools for CRE professionals:

• AI-Driven Discovery: Find the right properties with ease.
• Real-Time Market Alerts: Stay updated with the latest market trends.
• Smart Property Pages: Access detailed property insights.
• Dealroom Collaboration: Enhance communication and efficiency.
• Auto-Generated Listing Pages: Save time with automated tools.
• Email and Landing Page Tools: Reach your audience effectively.
• Broker and Developer Integration: Seamlessly connect with industry professionals.
• Exclusive Listings and Premium Exposure: Gain access to unique opportunities.

Discover how Brevitas can transform your CRE experience in American Samoa.