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Manila Bulletin devider Business devider The Stock Market devider SM Offices expands into industrial leasing for storage and data centers

SM Offices expands into industrial leasing for storage and data centers

Published Mar 11, 2026 09:44 am
SM Silangan Warehouse Complex in Laguna
SM Silangan Warehouse Complex in Laguna

Aside from office leasing, SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), is now focusing on industrial leasing with ready-to-move-in warehouses in the cities of Pasig and Taguig, as well as 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 four-hectare (ha) site and provides more than 20,000 square meters (sqm) of warehouse floor area with a mezzanine level, multiple loading bays, and dedicated truck maneuvering areas.

The SM Prime business unit also has sites for build-to-suit industrial developments, including in Parañaque City, 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. These are asset types that benefit from long-term planning and operating certainty,” said SM Prime Vice President and Head of SM Offices Alexis Ortiga.

This comes after SM Offices reported that it has fully leased its Silangan warehouse complex in Laguna province, 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 (GLA) of more than 130,000 sqm, around 86,000 sqm 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 Ortiga.

The SM warehouse complex is located less than five minutes from Silangan exit along South Luzon Expressway (SELX) and is less than an hour from Makati City, 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.

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SM Offices SM Prime Holdings Inc. Alexis Ortiga
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