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 13,000sqm. 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 5,000sqm. dry warehouse, also in Plaridel, Bulacan. The other warehouses currently occupied are Warehouses 1 and 2 and 7 and 8, for 15,000sqm. 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.