International Council of Shopping Centers’ 2018 Annual Convention

As the largest retail real estate event on the east coast, ICSC New York Deal Making had nearly 10,000 retail professionals from all corners of the US and even some from across the pond, flocking to the Big Apple for the week of December 3rd. This year’s keynote address featured Doug Stephens, founder of Retail Prophet and 20-year veteran of the retail industry.

Also new to their program was “Retail in Focus,” featuring many emerging brands that started out as digitally-native and are now in the various stages of opening strategic physical locations in line with the brands they’ve cultivated on the internet, and where their audience is located.

Our Fernando Toro had the opportunity to sit down and discuss the state of retail in Puerto Rico. Please, see video.

 

 

For more information, you can visit: Cushman & Wakefield Retail Service Recap’s ICSC RECon 2018

SOLD! CENTRIC COMMERCIAL BUILDING

GOING STRONG ON SALES!!

C&W|PCC continues to be a part in the development of the commercial district of Puerta de Tierra area, and with the year end sale of 266 Ponce de León commercial building will bring new opportunity of businesses to the already established tenants, and will bring additional support to the growth of our local economy. If you are looking for a commercial property like this, visit here.

 

 

 

After Maria Hurricane, We’re Ready To Serve You

Hours Of Operation

Cushman & Wakefield|Property Concepts Commercial wishes the safety of all our subscribers and clients following the passing of Hurricane Maria. The team and their families have been reported safe and the office is equipped to resume operations at our regular office hours from 8:30 AM to 6:00 PM. For property inquiries, follow ups, pending negotiations or to solicit our services you may contact us at the following directory:
Fernando Toro | President
Naydamar López | Account Director
Sonia Hernandez | Executive Assistant
Adolfo Fernández | Leasing Director
Alvilda Casellas | Dispositions Director
Andrea Bajandas | Research/Marketing Director

Contact Us

Cushman & Wakefield | Property Concepts Commercial
info@propertyconceptscommercial.com

+1 (787) 977-7373

Cool Streets Cincinnati – Craft Brews Edition

CRAFT BREW: THE RISE OF THE LITTLE GUYS

Craft brewing is not new. Locally or regionally produced beers with a limited distribution have had a following for quite a while. But over the last decade craft brews have experienced a meteoric increase in popularity. According to the Brewers Association, the number of craft breweries in the U.S. has more than tripled over the last 10 years. This explosion of growth has manifested itself in many forms and formats—from small, artisanal beer-tasting rooms to fully functioning large-scale industrial brewing facilities.

Thirsty for more information? Grab a pint and click below to explore the Craft Brewing Revolution with Cushman & Wakefield.

View the Cool Streets: Craft Brews 
Edition Video on Cincinnati — OUT NOW!

Something Nice Is Coming!

 

Joining Cushman & Wakefield in the Cool Streets movement is this recent lease: a pastry/coffee shop concept mixed with a clothing boutique.

The Cool Streets movement seeks to connect with the rising millennial consumer population that’s being driven by dramatic demographic shifts and the preference for urban living. This pastry/clothing shop saw itself in the property that’s so aptly located in one of Puerto Rico’s hottest, unconventional, rising urban retail markets.

Calle Loíza stretches between the tourist hubs of Condado and Isla Verde. The neighborhood has seen an important number of new developments that have injected back vibrancy into this well-known sector of San Juan.

Fairy Cakes is expected to commence operating between April-May.

“It’s not happening on the High Streets

or on the Main Streets, it’s happening

on what we call the Cool Streets.”

 

 

Sold! Extremely Centric Office Building

Going strong in sales!

ponce-de-leon-sold

Added to the recent activity is this 12,659 SF three story, reinforced, concrete building with a small warehouse, a courtyard and 9 parking stalls. There’s a very positive projection for this closing year, and potential buyers are seeing the opportunity in different markets. This property’s highly accessible and centric location in the ever-growing Santurce Ward is just steps away from schools, banks, dense residential areas, and high traffic commercial districts.

If this property is of your interest, here’s a list of similar listings still available:

Multi-Unit Office Building for Sale

museum-tower

Hato Rey Building in Arterial Avenues

munoz-rivera-efron

Recently Sold! Moving towards 2016 with optimism.

While economic recovery in Puerto Rico still remains uncertain, we continue to see optimism among investors in commercial real estate. Recently sold listings in our office show us that, regardless of the fiscal crisis and the related complications, business owners, entrepreneurs, investors, and developers are resilient, seize opportunities, & are quickly adapting to the ever changing economy. We’re very proud to be part of this process, as it’s a positive impact on commercial real estate market. Below are two of the deals we closed in the past few days that reflect the aforementioned activity.

Fully Leased Shopping Center in San Sebastián, Puerto Rico

San Sebastian

Agricultural Land in Santa Isabel, Puerto Rico

Agricultural Land Sold!

To see the other properties that we have available, visit our listings here

NEW LISTING! 70 cdas. Residential Development Opportunity

70 cdas. Residential Development Opportunity

We’d like to formally announce one of our most recent listings. This property, located in Cerrillos, Ponce, is ideal for a residential development project, as all the utilities are set up. It’s divided in two lots, one is a designated water retention pond. Below are the full specs.


Property Features:

Total Area Available 69.95 cuerdas

Water Detention Pond Available

Zoning EH-2

Access to basic utilities typical for residential development

Within close proximity to Walmart, PR-14, and two large residential development sites.

Go to Listing


Building Features
TOTAL AVAILABLE 5,545 sf
ZONING EH-2
LOCATION Near PR-14, Cerrillos, Ponce, PR
PROPERTY TYPE Land

 

Does this listing interest you? Give us a call! 787-977-7373 or write us at info@propertyconceptscommercial.com

Occupier Edge Autumn 2016

From drones, to e-commerce, & the changing workforce, this article is a comprehensive research on insights & trends from Cushman & Wakefield’s Global Real Estate Experts. Read the interactive publication below. Select Full Screen Mode for better text readability. Or download
 the full publication here.

NEW LISTING! Condominium Office Building at the heart of Miramar

Condominium Office Building, Space for Sale

In our efforts to offer our clients and investors the best variety and quality for their commercial needs, we would like to announce one of our most recent properties.


 

Property Features:

Total Area Available 5,545 SF

Second Floor of five story building

Zoning ZU-G3

Parking 6 Indoor Stalls

Within close proximity of the Puerto Rico Convention Center, Condado Lagoon, & Baldorioty de Castro Ave. which connects to Isla Verde.

Go to Listing


Building Features
total available 5,545 sf
zoning ZU-G3
location 804 Ponce de Leon Ave., Suite 201, San Juan, PR
property type Commercial Condominium Unit