 From 1971 to 1974, he was appointed Vice President of Finance and later promoted to President and General Manager of the Puerto Rico Industrial Company, Puerto Rico's largest real estate holding company.As Head of this Agency he was responsible for the acquisition, development, construction and management of industrial buildings to accommodate investors from the Mainland and from the Island.Puerto Rico Industrial Development Company owned at the time in excess of 120 million square feet of industrial space in Puerto Rico.