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!
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.
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:
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
Agricultural Land in Santa Isabel, Puerto Rico
To see the other properties that we have available, visit our listings here
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.
Total Area Available 69.95 cuerdas
Water Detention Pond Available
Access to basic utilities typical for residential development
Within close proximity to Walmart, PR-14, and two large residential development sites.
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.
Here at Cushman & Wakefield | Property Concepts Commercial we’ve put together a list of ideal locations for paint supplier businesses based on accessibility, exposure to state roads, space, and access to a wide public. Below is our proposed retail sites in various of our locations.
Found this list interesting? To receive more news & listings like these straight to your inbox, subscribe by filling the form found below on our footer.
Los colobos shopping center:
From 2,000 SF to 23,500 SF Very high traffic area and excellent exposure to PR-3 which gives connects metropolitan area and the east. Approx. 109,300 vpd
Farmacias Savia opened today in one of our locations in Trujillo Alto Plaza. This is their second location and starting tomorrow, they will be offering incredible savings on every day products & essentials. Here at Cushman & Wakefield |Property Concepts Commercial, we’re proud of their expansion in their new amazing location. If you’re in the area, give them a visit & check them out at their Facebook page here for their opening day savings.
Interested in establishing business in Puerto Rico? We’re here to help. Give us a visit at our home page and take a look at our commercial listings. For more real estate news and commercial opportunities in Puerto Rico, follow us on Facebook and Twitter.