SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), has strengthened its regional footprint with the launch of The Core Tower Three, 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 Alexis Ortiga, vice president and head of SM Offices.

“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 P1.6-billion three-tower development brings over 27,000 square meters of prime office space to the South Luzon market. This brings SM Offices’ total leasable footprint to more than one million square meters, with over a fifth located across key regional growth corridors.

The Core Towers is positioned to serve a growing base of business process outsourcing, technology and professional services firms seeking high-quality workspaces in Calabarzon, a region that accounted for 14.7 percent of the Philippines’ 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. It was designed by Architect Albert Yu of ASYA Design Partner, a BCI Asia Top 10 architectural firm with a portfolio spanning major Philippine cities and key markets in China, including Shanghai, Chengdu and Suzhou.

Each tower is equipped with 100 percent backup power, modern building systems and direct connectivity to major transport corridors including the South Luzon Expressway, Cavite-Laguna Expressway and the Old National Highway. Tenants also benefit from integrated access to retail, dining and public transit options within the mall complex.

Leasing activity is underway, with several firms already in operation and early tenants citing location, workforce availability and infrastructure readiness as key drivers for expansion.