Corcoran Expands to Puerto Rico
Fast-expanding global real estate brokerage Corcoran as added another new office in the Caribbean: Puerto Rico.
Corcoran has announced the opening of Corcoran Puerto Rico, following the addition of the San Juan firm formerly known as Gramercy Real Estate Group.
The affiliate is led by Blanca Hebe Lopez Pierluisi, marking the fourth Corcoran office in the Caribbean; the company now has offices in St Barth, The Bahamas, Puerto Rico and the British Virgin Islands.
Pierluisi is a former Corcoran-affiliated agent and a native of Puerto Rico.
“I’m always thrilled when one of our own finds their way back to us, so to be joining forces with Blanca to bring Corcoran Puerto Rico to life is truly special,” said Corcoran CEO Pamela Liebman. “Continuing to create more opportunities for all of our affiliated agents and clients is at the center of this growth, and I have no doubt that this new talented team will bring the Corcoran brand to the region in a strong and exciting way.”
Corcoran Puerto Rico serves areas including Condado, Dorado, Miramar, Guaynabo, Old San Juan, extending through the west side of the island fo Rincon and Isabela.
The firm has already sold $50 million in real estate so far this year.
“We are thrilled to put Puerto Rico on the map with this new endeavor as Corcoran Puerto Rico. This is such a prime opportunity for growth, particularly given the current boom in real estate here on the island,” said Pierluisi, owner and broker of record for Corcoran Puerto Rico. “Having been part of Corcoran for almost a decade in New York City, it feels like bringing my extended family home. I believe strongly in our collective philosophy and I’m excited for what’s ahead. I’m very proud of this partnership and to represent one of the most respected brands in the industry in my home of Puerto Rico.”