North Point, CM Pancho ink three property leasing contracts

The North Point Industrial Park (NPIP) and CM Pancho Construction (CMPCI) recently sealed long-term property leasing agreement for an industrial warehouse with three of the country’s fastest growing companies — TDG Logistics and Shipping Corp. (TLS), Lazada E-Services Philippines, Inc. and Kubota Philippines, Inc.

TLS, the operating and holding company for the logistics and maritime sector of Transnational Diversified Group, has leased a 13,000-sqm. dry warehouse in Brgy. Bulihan, Plaridel, Bulacan for a 15-year term. TLS’s logistics division also provides services in international and domestic logistics, ship and crew management, maritime education and training and land-based manpower deployment.

Its affiliated firm, NCT Transnational Corp. (NCT), which provides various container yard services the maintenance of containers, handling equipment and port facilities, also leased a 30,000 sqm. open space for container yard operations for a 15-year term last June.

The Lazada E-Services, Philippines, Inc., on the other hand, inked a three-year guaranteed lease for 1,000 sqm. dry warehouse in Baliuag, Bulacan. Lazada is currently the number one online shopping and selling destination in Southeast Asia and is now covering almost the entire cities of the Philippines as one of the captive markets.

Kubota Philippines, Inc., meanwhile, also signed a two-year lease contract for its 5,000-sqm. dry warehouse, also in Plaridel, Bulacan. The other warehouses currently occupied are Warehouses 1 and 2 and 7 and 8, for 15,000-sqm. Kubota is the number one and biggest agri-industrial distributor in the country for land preparation, irrigation, transplanting and harvesting.

NPIP is the now considered the emerging hub of the north that offers market proximity with its connected and easily accessible location. With over 60 hectares of land, located along Plaridel Bypass Road, it is open for design to fit dry warehouses, open space lease, with floor area ranging from 5,000 to 15,000 sqm., good quality structures and amenities that allow huge storage spaces, racking system, heavy equipment mobility, efficient loading docks for receiving and shipping, tight round the clock security equipped with surveillance cameras with safety and emergency protocol, with sufficient parking and open spaces, and other features that will allow product advertisement and good customer service. NPIP is now in the process of application for registration under domestic industrial zone with the Board of Investments.

Another NPIP product, cold storage will be open for market in the next three to six months.

CMPCI, owner and developer of North Point Industrial Park, is a quadruple A PCAB Licensed company, an ISO certified company for quality, occupational health and safety and environmental management and is considered among the top chosen brands for both private and government large infrastructure projects.

In-city housing project for informal settlers to rise in Cebu

Cebu Landmasters Inc. (CLI), the listed Visayas and Mindanao developer, is taking an active role in Cebu City's housing project for informal...

Torre Lorenzo: the towering figure behind modern student housing, other prime developments

Across the country’s university belts, in growth centers in Metro Manila and beyond and in seascapes in some parts of the country,...

To be a saver-for-life and a life-saver

How did you first learn the importance of saving? If you are like me and many Filipinos, your introduction to saving came...

Summitventure realty Corp. launches new quezon city condo project

As part of its commitment to create and provide a better vertical living to the Filipino community, SummitVenture Realty Corporation proudly presents...

Must Read

Manny Villar: At home in his empire

Tycoon Manuel B. Villar, Jr. is undoubtedly one of the fathers of the Philippine property industry. But he stands...

5-Star Grand Hyatt lifestyle

Federal Land brings high-end hotel experience to Grand Hyatt Manila Residences What’s a key differentiating factor between a five-star...

IKEA Philippines On the Lookout for Magazine Cover Models

In preparation for the opening their first store in Pasay City, IKEA Philippines is creating a magazine sharing the brand’s milestones. IKEA’s...

Making his own Mark

After 42-year old Mark Villar served as Representative of the Lone District of Las Pinas from 2010 to 2016, he wasn’t sure...