SM Offices, the commercial property arm of SM Prime Holdings, Inc. (SM Prime), announced the launch of The Core Tower Three, its 15th office development outside Metro Manila. This latest addition reinforces SM Offices’ commitment to strengthening its presence in key regional growth centers across the Philippines.
Located within the bustling SM City Sta. Rosa complex, The Core Towers is a P1.6 billion, three-tower development that adds over 27,000 square meters of prime office space to the South Luzon market. This brings SM Offices’ total leasable footprint to over one million square meters, with more than a fifth strategically located in regional growth corridors.
“The Core Towers reflect 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’re seeing sustained interest from companies looking for scalable locations that combine operational efficiency with strong local talent pools.”
The Core Towers is ideally positioned to serve the expanding needs of business process outsourcing (BPO), technology, and professional services firms seeking high-quality workspaces in Calabarzon. This region is a significant economic contributor, accounting for 14.7% of the Philippines’ GDP in 2024.
Designed by ASYA Design Partner, a BCI Asia Top 10 architectural firm, The Core Towers offers flexible fit-out options, 24/7 building management, and high-speed telecom connectivity — essential requirements for mission-critical operations. Each tower boasts 100% backup power, modern building systems, and direct connectivity to major transport corridors including the South Luzon Expressway (SLEX), Cavite-Laguna Expressway (CALAX), and the Old National Highway. Tenants also benefit from seamless integration with the SM City Sta. Rosa complex, providing convenient access to retail, dining, and public transit options.
Leasing activity is already underway, with several firms operational. Early tenants have cited the prime location, availability of a skilled workforce, and robust infrastructure as key drivers for their expansion into The Core Towers. SM Offices anticipates that this new development will generate over 6,000 local jobs through tenant operations and building services, further solidifying Sta. Rosa’s emergence as a vibrant business and employment hub.
With its strategic location, integrated mall access, and enterprise-grade infrastructure, The Core Towers strengthens SM Offices’ position as a preferred partner for companies expanding into regional markets.
