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Manila Bulletin devider Business devider The Stock Market devider SM Prime strengthens provincial footprint with new Sta. Rosa office tower

SM Prime strengthens provincial footprint with new Sta. Rosa office tower

Published Jul 10, 2025 11:36 am
SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), strengthens its regional footprint with the launch of The Core Tower Three in Sta. Rosa, Laguna, its 15th office development outside Metro Manila.
“The Core Towers reflects the growing demand for future-ready office spaces in regional growth centers like Sta. Rosa,” said SM Prime Vice President and Head of SM Offices Alexis Ortiga in a disclosure to the Philippine Stock Exchange (PSE).
Ortiga added that, “We are seeing sustained interest from companies looking for scalable locations that combine operational efficiency with strong local talent pools.”
Located within the SM City Sta. Rosa complex, the three-tower development, brings over 27,000 square meters (sqm) of prime office space to the South Luzon market.
This brings SM Offices’ total leasable footprint to more than one million sqm, with over a fifth located across key regional growth corridors.
SM Offices said The Core Towers is positioned to serve a growing base of business process outsourcing (BPO), technology, and professional services firms seeking high-quality workspaces in Calabarzon—a region that accounted for 14.7 percent of the Philippines’ gross domestic product (GDP) in 2024.
The office development offers flexible fit-out options, 24/7 building management, and high-speed telecom connectivity—key requirements for mission-critical operations.
Each tower is equipped with 100-percent backup power, modern building systems, and direct connectivity to major transport corridors including South Luzon Expressway (SLEX), Cavite-Laguna Expressway (CALAX), and Old National Highway.
Tenants also benefit from integrated access to retail, dining, and public transit options within the mall complex.
Leasing activity for The Core Towers is underway, with several firms already in operation and early tenants citing location, workforce availability, and infrastructure readiness as key drivers for expansion.
According to SM Offices, The Core Towers is expected to generate over 6,000 local jobs through tenant operations and building services, further contributing to Sta. Rosa’s emergence as a business and employment center.
With its prime location, seamless mall integration, and enterprise-grade infrastructure, The Core Towers reinforces SM Offices’ position as a preferred partner for companies scaling in regional markets.

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SM Prime Holdings Inc. SM Offices Alexis Ortiga
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