all, San Juan Commercial Real Estate 0 Listings

All, San Juan: A Premier Destination for Commercial Real Estate

Introduction

San Juan, the vibrant capital of Puerto Rico, stands as a significant hub for commercial real estate (CRE) in the Caribbean. As a city with a population of over 300,000, San Juan is a central node for the island's economy, which is driven by industries such as tourism, pharmaceuticals, and manufacturing. Its strategic positioning as a gateway between North and South America enhances its appeal for CRE investors, offering a dynamic mix of commercial property opportunities from office spaces to industrial facilities.

Economic and Industry Overview

San Juan's economic landscape is characterized by its diverse industry clusters. The pharmaceutical sector is prominent, with major companies like Pfizer and Johnson & Johnson driving the demand for specialized industrial and office spaces. Additionally, the city's robust tourism industry fuels the need for retail and hospitality developments. San Juan benefits from economic development initiatives spearheaded by Invest Puerto Rico, promoting growth and attracting new businesses, further increasing the demand for commercial real estate.

Strategic Location and Transportation Infrastructure

San Juan boasts a strategic location with excellent transportation infrastructure. The city is served by the Luis Muñoz Marín International Airport, facilitating both passenger and cargo traffic. The Port of San Juan is one of the busiest in the Caribbean, offering significant logistical advantages for distribution and trade. Major highways like PR-52 and PR-22 connect San Juan to other parts of the island, providing easy access to labor pools and coastal markets. For more information, visit the Puerto Rico Department of Transportation.

Commercial Real Estate Inventory & Zoning

San Juan's commercial real estate market is segmented into various submarkets, including the bustling Central Business District (CBD) and the emerging innovation districts in Santurce. Key asset classes encompass industrial, retail, office, and medical properties. The city has implemented zoning updates to encourage mixed-use developments and sustainable urban growth. For zoning details, access the San Juan Zoning Map.

Major Employers and Institutions

San Juan hosts numerous major employers and institutions that drive CRE demand. Notable entities include the University of Puerto Rico, Banco Popular, and the federal government offices, which are significant contributors to the office space market. The presence of corporate headquarters and research centers further accentuates the city's role as an economic powerhouse. Explore the San Juan Business Directory for more details.

Notable Commercial Developments & Projects

San Juan is witnessing several large-scale commercial developments, such as the Distrito T-Mobile, a mixed-use entertainment and hospitality complex, and the Puerto Rico Science, Technology, and Research Trust, fostering innovation and research. These projects, often in collaboration with public-private partnerships, are transforming the city's commercial landscape. Planning details can be found at the San Juan Planning Department.

Building Permits, Planning, and Development Tools

Market Data & Economic Reports

San Juan's CRE market benefits from comprehensive data sources, such as the U.S. Census Bureau and the city's Open Data Portal. Brevitas leverages AI-powered aggregation from these public datasets and internal insights to provide users with an in-depth understanding of the market. Explore Brevitas-powered dashboards for San Juan here.

Why Use Brevitas for All, San Juan CRE?

Brevitas offers cutting-edge tools for CRE professionals in San Juan, including AI-driven discovery, real-time market alerts, and smart property pages. Key features include: