SM Offices fully leases Laguna warehouse

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via GRAPHIC PLUS — SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), has fully leased its Silangan Warehouse complex in Laguna, as demand strengthens amid increased e-commerce activity, manufacturing growth and recent changes to government land-lease policies.

The Silangan site comprises two warehouses with a combined gross leasable area of more than 130,000 square meters, around 86,000 square meters of which were recently leased under a multi-year term.

“The size and location of our warehouse facilities make them well-suited to logistics operators that require scale, accessibility and operational efficiency,” said Alexis Ortiga, vice president and head of SM Offices.

The SM warehouse complex is located less than five minutes from the Silangan Exit along the South Luzon Expressway and is less than an hour from Makati, providing convenient access to Metro Manila and key growth areas in Southern Luzon. The facility is designed to support high-volume logistics operations, with wide internal circulation space for heavy vehicles and a cross-docking system that enables faster turnaround times.

With its Silangan facility now fully leased, SM Offices is offering ready-to-move-in sites in Pasig and Taguig, and is open to build-to-suit developments in other locations nationwide.

SM Offices’ facilities in Pasig and Taguig include one facility along C-5 Road, which sits on a 4-hectare site and provides more than 20,000 square meters of warehouse floor area with a mezzanine level, multiple loading bays and dedicated truck maneuvering areas.

The SM Prime business unit also has sites that are for build-to-suit industrial developments, including Parañaque, Laguna, Cavite, Tarlac, Iloilo and Davao. These sites are located near major expressways, ports and airports and can accommodate uses such as distribution, manufacturing support and cold storage.

“Our facilities and locations can support uses ranging from dry and cold storage to data centers and distribution hubs,” added Ortiga. “These are asset types that benefit from long-term planning and operating certainty.”

Started in 1927, the Philippines Graphic is the longest-running printed magazine of national circulation that provides relevant news and features and promotes Philippine literature.

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