MANILA, Philippines — SM Prime Holdings Inc., through its logistics arm, has reached full occupancy for its newest warehouse facility in Laguna, signaling robust demand for modern industrial spaces amid the country’s recovering supply chain.
The company announced that the 25,000-square-meter facility, located within a prime industrial zone in Calamba, has been fully taken up by a mix of e-commerce giants and third-party logistics (3PL) providers. This milestone comes as the Philippines sees a renewed push for decentralized distribution centers to better serve the growing consumer base in Southern Luzon.
“The full lease-out of our Laguna property ahead of schedule reflects the critical need for high-grade, strategically located logistics infrastructure,” said an SM Prime representative. “As businesses transition to more resilient supply chain models, we are seeing a shift toward facilities that offer both scale and advanced technological integration.”
The warehouse is equipped with sustainable features, including rainwater harvesting systems and LED lighting, aligning with SM Prime’s broader commitment to environmental social governance (ESG) goals. The facility’s strategic proximity to the South Luzon Expressway (SLEX) and the Cavite-Laguna Expressway (CALAX) has been cited as a primary draw for tenants looking to optimize last-mile delivery.
Looking ahead, SM Prime plans to expand its logistics footprint further into Central Luzon and key cities in Visayas and Mindanao. The company is currently evaluating several sites for its next phase of industrial developments, aiming to support the national government’s goal of making the Philippines a premier regional logistics hub.
Industry analysts suggest that the high occupancy rates in the Laguna-Batangas corridor are driven by the “China Plus One” strategy, where multinational firms seek to diversify their manufacturing and storage bases outside of China to mitigate geopolitical risks.