Christie’s International Real Estate U.S. Virgin Islands, one of the leading real estate brokerages in the Caribbean, is expanding with its first office on the island of St. Croix. Located at 1244 Queen Cross Street in downtown Christiansted, the St. Croix location joins the brokerage’s offices on St. Thomas.
Long-time U.S. Virgin Islands real estate agent Jill Cherubin has been tapped to lead the new office, coming over from Coldwell Banker. She will be joined by her former Coldwell teammate, veteran broker Pamela Hunt McFadden. Cherubin said she plans to quickly grow the office to about a dozen agents.
While the owners and agents of Christie’s International Real Estate USVI have been serving the St. Croix market for decades from its home base of St. Thomas, heightened interest from buyers over the past few years prompted the establishment of a bricks-and-mortar location on the island, according to Cherubin.
Recent record-breaking Christie’s International Real Estate USVI sales of two St. Croix properties, The Castle of St. Croix, which sold in March 2022 for $9.5 million, and Pyramid Point, which sold in September 2021 for $6 million, also played into the decision.
“The sales of The Castle and Pyramid Point are indicative of the strong market for luxury in St. Croix. Given the uptick in activity and inquiries that we have seen from buyers, it was important to us to have a streetside presence,” said Cherubin.
The brokerage has more than 20 agents in its offices, serving the entirety of the U.S. Virgin Islands, and is the first Christie’s International Real Estate brokerage to service the luxury long-term rental market on the islands. As the exclusive USVI affiliate of the global luxury real estate brand, Christie’s International Real Estate, the brokerage enjoys access to world-class marketing and technology, a national and international brokerage network, and a connection to the iconic Christie’s auction house to refer the sale of art and luxury goods.
“Our buyers’ market remains strong,” said Cherubin. “The pandemic fast-tracked many buyers that may have had a five-year dream of property ownership in the Caribbean. Many decided you only live once and went for it.”
Christie’s International Real Estate has several affiliate offices throughout the Caribbean, including the Bahamas, St. Barthélemy, St. Martin, the Cayman Islands, Turks and Caicos, and the British Virgin Islands.
