PR Reflective buys Cidra warehouse for $875,000, seller lends $675,000
PR Reflective LLC has bought a warehouse and commercial building on about 5,524 square meters in the Ceiba neighbourhood of Cidra for $875,000, in a deed recorded on May 28, 2026. The seller, LNA Properties LLC, is also the lender: a $675,000 mortgage recorded the same day names the buyer as borrower and the seller as lender.
A price below the old asks
The building was advertised for sale in 2022. An ad first seen on August 4, 2022 asked $950,000 for about 20,000 square feet of warehouse and a commercial space on 1.4 cuerdas. A second ad, first seen on November 10, 2022, asked $1,165,000 for about 23,300 square feet of warehouse space divided into four spaces.
The seller took title from another company in a deed recorded on April 9, 2024 at $500,000. The same person represented both companies on other deeds, so that figure reads as a transfer between related companies rather than a market price. This year's sale price sits below both 2022 asking prices.
Same-day filings and a correction
Two more deeds went on record with the sale on May 28, 2026: the seller-financed mortgage and the cancellation, by prescription, of an older $250,000 mortgage note on the property. A deed correcting the new mortgage was recorded on July 22, 2026.
Tenants and the buyer's own space
On September 7, 2026, a single permit was filed to use existing space in the building as the buyer's warehouse and offices; it is recorded as approved.
The filings show a building split among several uses, and an ad first seen on September 25, 2023 and taken down on July 1, 2025 offered its 23,300 square feet for lease as five spaces. Under the seller, a request to change the zoning of the site was filed on October 7, 2024 and is recorded as under inspection, and a single permit for the existing building with varied uses was filed on September 30, 2025, also recorded as under inspection. Operators filed for a gym in April 2025, a restaurant with alcohol sales in September 2025, a church in March 2026 and kitchen furniture manufacturing in May 2026; the last two are recorded with corrections requested. A restaurant filing dated September 1, 2026 is recorded as incomplete.