PRIDCO Industrial Real Estate & Lease Program
Provides PRIDCO Industrial Real Estate access to below market facilities for manufacturers and technology firms in Puerto Rico.
Eligibility · United States · US-PR
The Puerto Rico Industrial Development Company (PRIDCO) manages the island's largest industrial and commercial real estate portfolio, comprising 1,500+ leasable units, 760+ commercial lots, and more than 21.5 million square feet of construction across multiple Puerto Rico municipalities. PRIDCO's Industrial Real Estate and Lease Program offers below-market competitive industrial leases to PRIDCO-promoted companies, enabling manufacturers, technology firms, and other strategic enterprises to establish or expand operations in Puerto Rico at reduced occupancy costs compared to private market rates. Build-to-suit custom properties are available for larger strategic projects, particularly those involving Fortune 500 or multinational tenants.
The program is available on a rolling, year-round basis, subject to available property inventory and strategic project alignment. Eligibility is limited to for-profit companies; the program targets manufacturing and technology sectors, though PRIDCO's portfolio is sector-flexible. Planning and permitting assistance is bundled with lease relationships, reducing the administrative burden for companies navigating Puerto Rico's regulatory environment. Notable tenants under the existing portfolio include Copan Industries, Lockheed Martin, and Honeywell.
This is an in-kind subsidy instrument — the benefit is below-market facilities access, not cash. PRIDCO is a government corporation attached to Puerto Rico's Department of Economic Development and Commerce (DDEC), led by Executive Director Roberto Lefranc Fortuño. Companies seeking to establish or expand manufacturing or technology operations in Puerto Rico should apply through PRIDCO's properties portal (pridco.pr.gov/properties), where available units can be filtered by location, zone classification, rental rate, and square footage. Securing PRIDCO-promoted status is typically a prerequisite for accessing preferential lease rates.
Below-market industrial leases and build-to-suit properties across Puerto Rico's 1,500+ unit PRIDCO portfolio, available on a rolling basis to manufacturing and technology companies promoted by PRIDCO.
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