El Caribe Office Building

Call for offers!
Offers due May 1st, 2026 by 5:00 pm EST

JLL Puerto Realty & Co. S en C (“JLL”), a Puerto Rico licensed real estate brokerage firm, has been retained as the exclusive sales representative for the sale of the Subleasehold Rights to El Caribe Office Building (“Property”). This exceptional 60,013 square foot Class A office asset represents one of the few institutional-quality properties in Puerto Rico’s severely constrained market of only 1 million square feet of Class A inventory. This fully leased property offers 56,027 square feet of premium office space, 3,986 square feet of ground-floor retail, and 218 parking spaces. The property commands top-tier triple net rents of $35-$42 per square foot and underwent comprehensive renovations in 2016 and 2018. Located in Puerta de Tierra with breathtaking views of the Atlantic Ocean, the Harbor, and prestigious Condado across the lagoon, the Property has established itself as one of San Juan’s most recognizable assets with its distinctive exterior murals and benefits from its proximity to luxury amenities, world-class dining, and Puerto Rico’s powerful Act 60 tax incentives that continue attracting Fortune 500 companies and high-net-worth individuals to the island.

NDA required for OM access & property tours. Contact: Dylan.Harrison@jll.com

Transaction Guidelines

Please note the following guidelines for submitting offers:

1. Deadline: Offers must be submitted to dylan.harrison@jll.com by 5:00 pm EST on or before May 1st, 2026, in adherence to the specifications outlined below.
2. Property Tours: Pre-offer property tours are available by appointment only. Kindly provide a 48-hour notice for tour requests.
3. Due Diligence: For any inquiries regarding additional due diligence, please direct your questions to Dylan.Harrison@jll.com prior to the offer deadline. Please note that an NDA is required to access the Offering Memorandum (OM) and any other relevant information or to arrange a property tour. Once the NDA is completed and signed, please send it to Dylan.Harrison@jll.com. We will provide access to the Due Diligence folder.
4. Seller's Rights: The seller retains the right to accept or reject any and all offers for any reason, accept offers prior to the deadline, remove the property from the market, and call for best and final offers after receiving initial offers.