SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Puerto Rico’s financial district will have a key player renewed back to greatness and brought up to date with the times. The Hato Rey Center in San Juan’s Golden Mile will be renovated, installing state-of-the-art equipment and restoring the façade to its original grandeur. It will have a newly built sidewalk food court with restaurants and cafés, ideal for informal meetings and networking. The building has 225,000 square feet of rentable office and retail space, and will have the convenience of a full-service concierge and amenities that will cater to tenants and visitors’ needs.
“There’s a new kind of business growing in Puerto Rico; international firms that are moving into town and new local businesses have higher expectations. The Hato Rey Center will become a state-of-the-art facility with a unique offer tailored to each tenant’s needs,” said Matt Prober of NAI Puerto Rico. “We have set very high standards in every aspect of the remodeling process, but our superior service is what sets us apart from the rest; that is what will make The Hato Rey Center a new icon in San Juan.”
The property, which now operates under new ownership and the professional management of NAI Puerto Rico, offers the convenience of a turnkey solution with a preselected team of vendors that tenants can choose to work with to tailor the floor plans and adapt the space to their needs. The building is undergoing capital improvements that will follow leading energy standards for office building renovations with the overall intent of reducing the building’s carbon footprint and consumption of electricity and water.
As Puerto Rico surfaces as a new financial hub it is bringing new players to the field, local companies are taking a new wind, and startups are being developed, growing into solid businesses; they are on the lookout for new spaces to establish their headquarters. The Hato Rey Center’s renaissance is a sign that Puerto Rico’s economy is shaping up to resurge and will be witness to a new age.