MLA-P2-0002

Property Type: Office-Commercial Building

Rent/Sale: For Rent

Payment Terms: 2 mos. deposit + 1 mo. advance + PDCs

Lease Term: Minimum 2 years

Additional Information

- This is a new high-rise building in Manila and will be turned-over by the 2nd quarter of 2025.

- It has a very good location. The property is near Malacañang Palace, Manila City Hall, various schools and universities, major public transportation, and more.

- It has 19 floors with mezzanine.

- The total lot area and per floor is 2,154.75 sqm.

- This development will have amenities like a grand lobby, commercial and retail areas, restaurants and coffee shops, lounge and fitness center, sports and recreation area, conference and events space.

- It will have 118 parking slots (1:1 ratio), 9 frontage commercial parking, 50 outdoor parking slots.

- It will have 4 passenger elevators, 1 VIP, and 1 service.

- The offered high-end office spaces are ideal for corporate headquarters. There will also be commercial spaces available.

- Units can eventually be sold if a tenant is really interested. No prices yet, but the developer is willing to accept offers.

- Tenant renovation may start January 2025 the earliest.

- Reservation is equivalent to 1 month's rent.

Offered Units

Office Spaces

- The offered high-end office units varies from a whole floor lease to on a per unit basis.

- Monthly rental starts at P500/sqm (VAT exclusive).

Commercial & Retail Spaces

- 3 units left on the ground floor. Floor area per unit is 150 sqm. These units may be combined with each other or merged to mezzanine units.

- 6 units available for the mezzanine floor. Its in-line store is around 12 sqm then its dining area is common area. Developer is open for a potential tenant to take all units.

- Monthly rental for ground floor units start at P1,200/sqm (VAT exclusive). Mezzanine is P800/sqm (VAT exclusive).

- Best for banks, convenience stores, cafe's, restaurants, and the likes.

Construction Updates (as of August 2024)

PAR-M1-0001

General Property Information

Property Type: 15-Story Office/Mixed-Use Building

Lease/Sale: For Pre-Leasing

Monthly Rental: P900/sqm (VAT exclusive) + P190/sqm CUSA

AC CAPEX: P90/sqm

Payment Terms: 6 mos. deposit (based on the last-year rate) + 3 mos. advance (applicable on the last year) + PDCs

Lease Term: 2-5 years

Additional Information

- This is a contemporary 15-story mixed-use building along a prime location.

- Very near major highways, hotels, NAIA Airport, malls, and government offices, and many more.

- Some of its amenities are doubled glazed, double low emission glass, 8 passenger lifts, 409 parking slots, Sunset viewing garden deck, Grand lobby, With provision for E-car charging station, 24-hour building security, CCTV monitoring system, Facial recognition access, Keycard access to building, Secure and fast internet, 24-hour technical support, 100% backup power, Automatic fire alarm system, Individual room cooling, Retail & commercial spaces, Manila Bay view, Multiple zone office building, Access control system

- Target completion is within Q4 of 2024.

- Non-PEZA

- Escalation is 5% starting Year 2.

- Parking @ P6,000/slot/mo.

- AMENABLE TO: 24/7operations

Available Units for Lease

1. Upper Ground (S-01) 546.01 sqm Bareshell Office Space

2. Upper Ground (S-02) 139.99 sqm Bareshell Office Space

3. Upper Ground (S-03) 156.01 sqm Bareshell Office Space

4. Upper Ground (S-04) 233.68 sqm Bareshell Office Space

5. 6/F (601) 283.81 sqm Bareshell Office Space

6. 6/F (602) 245.86 sqm Bareshell Office Space

7. 6/F (603) 258.83 sqm Bareshell Office Space

8. 6/F (604) 258.28 sqm Bareshell Office Space

9. 6/F (605) 337.49 sqm Bareshell Office Space

10. 6/F (606) 301.70 sqm Bareshell Office Space

11. 6/F (607) 222.83 sqm Bareshell Office Space

12. 6/F (608) 285.56 sqm Bareshell Office Space

13. 6/F (609) 278.88 sqm Bareshell Office Space

14. 6/F (610) 285.28 sqm Bareshell Office Space

15. 6/F (611) 269.55 sqm Bareshell Office Space

16. 6/F (612) 267.72 sqm Bareshell Office Space

17. 6/F (613) 299.26 sqm Bareshell Office Space

18. 6/F (614) 276.84 sqm Bareshell Office Space

19. 7/F (701) 269.51 sqm Bareshell Office Space

20. 7/F (702) 233.46 sqm Bareshell Office Space

21. 7/F (703) 280.78 sqm Bareshell Office Space

22. 7/F (704) 274.80 sqm Bareshell Office Space

23. 7/F (705) 320.47 sqm Bareshell Office Space

24. 7/F (706) 286.60 sqm Bareshell Office Space

25. 7/F (707) 211.60 sqm Bareshell Office Space

26. 7/F (708) 243.91 sqm Bareshell Office Space

27. 7/F (709) 264.83 sqm Bareshell Office Space

28. 7/F (710) 270.90 sqm Bareshell Office Space

29. 7/F (711) 255.96 sqm Bareshell Office Space

30. 7/F (712) 260.96 sqm Bareshell Office Space

31. 7/F (713) 310.31 sqm Bareshell Office Space

32. 7/F (714) 284.88 sqm Bareshell Office Space

33. (801, 901, 1001) 283.81 sqm Bareshell Office Space

34. (802, 902, 1002) 245.86 sqm Bareshell Office Space

35. (803, 903, 1003) 258.83 sqm Bareshell Office Space

36. (804, 904, 1004) 258.28 sqm Bareshell Office Space

37. 11/F (1101) 617.60 sqm Bareshell Office Space

38. 11/F (1102) 565.33 sqm Bareshell Office Space

39. 11/F (1103) 670.39 sqm Bareshell Office Space

40. 11/F (1104) 277.20 sqm Bareshell Office Space

41. 11/F (1105) 349.99 sqm Bareshell Office Space

42. 11/F (1106) 655.16 sqm Bareshell Office Space

43. 11/F (1107) 588.32 sqm Bareshell Office Space

44. 12/F (1201) 552.25 sqm Bareshell Office Space

45. 12/F (1202) 509.97 sqm Bareshell Office Space

46. 12/F (1203) 599.58 sqm Bareshell Office Space

47. 12/F (1204) 247.87 sqm Bareshell Office Space

48. 12/F (1205) 312.95 sqm Bareshell Office Space

49. 12/F (1206) 585.84 sqm Bareshell Office Space

50. 12/F (1207) 526.07 sqm Bareshell Office Space

50. 15/F (1501) 554.50 sqm Bareshell Office Space

51. 15/F (1502) 502.66 sqm Bareshell Office Space

52. 15/F (1503) 592.90 sqm Bareshell Office Space

53. 15/F (1504) 249.72 sqm Bareshell Office Space

54. 15/F (1505) 307.72 sqm Bareshell Office Space

55. 15/F (1506) 576.80 sqm Bareshell Office Space

56. 15/F (1507) 468.68 sqm Bareshell Office Space

57. 15/F (1508) 578 sqm Bareshell Office Space