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Key steps in finding the best retail space in Cebu

Cebu City has quickly become the economic center of the province and the whole Visayan region. With its bustling commercial profile, growing population of a consumer market, and a huge influx of local and international tourists, having a retail space in Metro Cebu is an attractive business opportunity for many Cebuanos.

Finding the best retail space in Cebu may be intimidating for some. Similar to choosing the ideal office location, deciding where to locate your business can be a major impact on your public presence, foot traffic, and revenue among others. Here are some key steps in finding the best retail space for your business in Cebu:

Set your Size Requirement

Hunting for a retail space in Metro Cebu should start on knowing what your business needs, especially the size you need to operate. It will also be beneficial to consider options that have provisions for expansion in the future.

Consider the Best Location

Location is always the top priority when it comes to choosing a commercial space for business. However, the best retail location in Cebu for your business should depend on more considerations such as the type of goods you sell, your target market, accessibility, and competition. The location can also determine other operational expenditures in the long run.

Accessibility for Employees and Clients

Your retail business’ location should be accessible not only to your clients and target market but also to your employees. Locating in an accessible location can promote a better work-life balance for your employees. Another factor is its proximity to key and other essential establishments.

Cap your Budget

Lease rates should also be one of the most crucial considerations in finding the best retail space for your business in Cebu. Locating in a space that is priced too high can affect your return on investment (ROI) and could put a strain on the business’ sustainability.

Inspect the Site

Before signing your lease, make sure to visit the actual space to learn more about it. Ask your broker about maintenance fees or other concessions you can enjoy if ever you sign as a tenant. It is important to visit the space to make sure that you can make use of it efficiently, make yourself familiar with the neighborhood, and plan for your next business steps.

Named as 2020’s Best Green Commercial Development, JEG Tower @ One Acacia is also offering retail spaces for businesses who want to locate in the heart of Metro Cebu. Get in touch with Lorenzo Rodriguez at (+63) 917-825-6884 to learn more about our offer.

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Vaccination of ‘economic workers’ to ease rising vacancy in Cebu City offices

After a full year in lockdown, Cebu’s office market has faced challenges in leasing and vacancy but still saw a few bright spots from January to March of 2021.

KMC data show that while Cebu IT Park and the Cebu Fringe continue to log increasing vacancies, Cebu Business Park has observed movement and absorption as BPO locators continue to choose the Visayan capital as the center of economic activity and ideal area of expansion outside Luzon.

According to KMC’s 1Q/2021 Office Briefing, both Cebu IT Park (CITP) and the Cebu Fringe continued to lose tenants, greatly contributing to the recorded 19.2% vacancy rate. Meanwhile, there was a recorded contraction of vacancies in the Cebu Business Park after 16,000 sq m of office space was occupied in the quarter.

Rental rates in CITP and the Cebu Fringe are also on a downward trend as landlords keep up with the increase in vacancies in both areas. On the contrary, office spaces within the Cebu Business Park posted a 0.3% higher rental rate. Average office rental rates in the Cebu Central Business District registered at PHP 577.6 per sq m / month, 2.3% lower than the start of the pandemic a year ago.

DOWNLOAD: KMC Cebu Office Briefing 1Q/2021

Around 117,300 sq m of new office supply is expected to be available before the end of the year. As consequent effects of the COVID-19 pandemic are still felt in the country, short-term demand is forecasted to remain muted and minimal as occupiers fare the new normal. There is, however, a slight improvement in various pre-leasing activities in the Cebu CBD, with the opportunity to occupy fresh spaces at current rates.

JEG Tower @ One Acacia is one of the office buildings that are expected to come online in 2021. Being one of the newest premium green buildings and PEZA accredited locations in the Cebu district, the 22-storey tower is expected to uplift the commercial pipeline for local businesses and multinational locators in the Visayan epicenter.

Vaccination of ‘Economic Workers’

As the local government’s vaccination rollout is now open to the A4 priority group (employees reporting to the office), more leasing activity is expected in Cebu City and its business districts in the coming months.

According to the Visayas Vaccination Operations Center (VVOC), a total of 28,661 individuals have already been inoculated with their first dose of the vaccine as of June 10. Of this number, 4,697 have already managed to complete their inoculation schedules.

Mandaue Chamber of Commerce and Industry President Steven Yu said the business community in Cebu is hopeful that the economic revival in the province will come sooner or later as more people are encouraged to get the vaccine.

“As more A4s get vaccinated, they become our role models/ambassadors which convince anti-vaxxers to become pro-vaxxers. As early as a few days ago, we could see a sea wave of change of heart from people, and they are now willing to be vaccinated because more and more of their friends/relatives had been vaccinated,” Yu said. “The future looks bright, and we need to ensure that we will have sufficient quantities of vaccines coming in regularly,” he added.

Get more relevant, in-depth market insights in Cebu’s central business district in the new normal. Reach out to Lorenzo Rodriguez at (+63) 917-852-6884. Send us an email at info@kmcmaggroup.com or reach out to us at (+63) 2-8403-5519 to know more about how you can lease JEG Tower @ One Acacia.

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Green growth: Why is Sustainability crucial for Cebu City

Next to Metro Manila, Cebu City is the second most populated area in the Philippines. Being the Visayan capital and the main economic stronghold outside Luzon, Metro Cebu rapidly became urbanized and dense as numerous BPO and multinational companies locate in the city and opened opportunities for locals and residents moving in from neighboring islands and provinces.

As the city’s corporate community expands, more commercial establishments were built and developed, especially in Cebu City’s main business district. However, an in-depth report by the Organization for Economic Co-operation and Development (OECD), an independent organization that stimulates the economic progress and world trade, found that in order for the city to  keep  up  with  its  ‘rapid  urban  sprawl’ , sustainable real estate should be pushed in the city to encourage continued economic development while minimizing either negative ‘environmental externalities or the unsustainable consumption of natural resources and environmental assets’.

Sustainability in real estate has long been a standing movement in the industry. As the world became more aware of the importance of promoting health, wellness, and preserving the environment, the call for green real estate was also amplified in the Philippines, especially in Cebu.

Why is there a need for a greener Cebu?

In the same report by OECD, Metro Cebu’s economic steady economic growth and commercial real estate expansion are causing a strain on the other aspects of the city’s development. As mentioned in the report, the growth of Metro Cebu’s urban population has emphasized other potential weak spots in the city including an integrated public transportation system that can contribute to traffic congestion and pollution.

Keeping up with international building and commercial standards, homegrown developer JEG Development Corporation (JDC) advocates green buildings and sustainable real estate to raise the quality of work and office spaces within Cebu City. JEG Tower @ One Acacia is an award-winning commercial development, recognized for its state-of-the-art technology in promoting sustainability and health while complimenting its sophisticated design.

Led by third-generation Cebuano leaders, JDC pursues a more sustainable path as part of their contribution to their family’s legacy and to the green growth of the province. Chief Operating Officer Marko Sarmiento, Brand Manager Ayla Gomez, and Estate and Business Development Manager Stefan Garcia agree that guided by their company values, JDC’s main thrust is to enrich the lives of the communities where their properties are built.

“Integrity guides everything we do, and we are mindful of our impact on the environment and to the future generations of Cebuanos,” Gomez explained.

“We are a young and dynamic player in Cebu’s real estate industry, we’re making our contribution by having a long-term view in developing liveable and sustainable communities,” Sarmiento expressed in a previous interview. “We may be a relatively new player in the industry, but our local roots are strong and deep, which is why we are committed to always uplift Cebu through our properties especially with the many adjustments because of the pandemic,” he added.

Premium Standard in Green Real Estate

JEG Tower @ One Acacia is JDC’s flagship vertical project was the winner of the 2020 PropertyGuru Property Awards Philippines’ Best Green Commercial Development in the country. The 22-storey office and retail tower was also recognized by Leadership in Energy and Environmental Design (LEED) with a pre-certified Silver rating.

The tower uses green techniques and applies extensive plans for soil erosion, waste management, and air quality. Aiming to create a less polluted environment leads to better public health, which is very crucial in the post-pandemic era.

“By pivoting towards green development, Cebu would be a better place to live, work, and do business in, as this would reduce both pollution and illness by improving the air quality, waste management, and livability of our urban areas,” Garcia shared.

Discover why JEG Tower @ One Acacia is the best place to work in Cebu City. Contact Lorenzo Martin E. Rodriguez at (+63) 917-825-6884 to schedule a viewing today!

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Efficiency vs. Aesthetic: Why JEG Tower @ One Acacia has ‘uniquely designed’ windows

Traditional office spaces tend to be constricting boxes of plain gray walls. However, as the idea of the “workplace” evolved to a more ‘human-centric’ approach, trends in office design and construction highlighted the importance of health and wellness. Open layout offices and Biophilic offices became the ideal type of setup. Both are meant to promote the physical, mental, emotional, and social health of the employees, providing areas where they can rest, socialize, and spend most of the day in a healthy space. 

As the world adapted to life amid a global health crisis, more realized the importance of promoting the health and safety of the community, especially in offices and workplaces. Green buildings are becoming to be the standard in the post-pandemic life as they offer a more refined quality of life while working. 

JEG Tower @ One Acacia is the ultimate fusion of business and leisure. With its top-grade green features and sophisticated design, it is one of the few LEED-certified buildings in the Cebu central business district (CBD). This 22-storey premium grade green building is the newest PEZA accredited development in Cebu City. 
 
READ MORE: Well & Green: How JEG Tower @ One Acacia delivers the best workplace in Cebu 

One of JEG Tower’s unique features is its operable windows on its office floors. While some may find this design call as disruptive on its façade, JEG Development Corporation chose to prioritize efficiency over aesthetics. Being a LEED Pre-certified Silver development, JEG Tower observes industry standards to ensure the optimal indoor air quality inside the tower. Operable windows allow the flow of fresh air into the office floors, providing more benefit to its tenants and improving the efficiency of the building. 

RELATED: How Green Buildings Improve Indoor Air Quality and Provide A Healthier Working Environment 

Many studies gave also linked disease-causing germs and viruses to enclosed and poorly ventilated spaces. According to the Environment Protection Agency (EPA), building occupants with little or no access to fresh air end up being more exposed to pollutants indoors compared to when they go outdoors. HVAC systems tend to circulate and recycle old air rather than drawing new and fresh air from the outside. 

Should office windows be operable? 

Operable office windows provide natural ventilation that does not only improve the energy efficiency of a building but also benefit the health and well-being of its occupiers:  

  • Energy Conservation 

Operable windows can allow natural airflow into the establishment. The introduction of warm and cool air to the interior of the building during favorable outside temperature and humidity conditions. 

  • Increased Comfort and Productivity 

Fresh air is always good for the health of the tenants of the building. Studies show that employees that have access to fresh outdoor air and more oxygen are more productive and healthy.  

  • Disease Prevention and Control 

Since some research claim that COVID-19 is airborne, operable windows can prevent other airborne diseases and prevent cross-infection inside the premises of the office. 

  • Low Maintenance 

Operable windows are easier to clean and maintain for office buildings. It allows easier access to the window cleaners from the inside. 

Understanding the importance of indoor air quality and fresh air is vital in offering the best working environment for employees. Committed to providing safer spaces in Cebu, JEG Tower @ One Acacia invests in the latest technology and follows the highest industry standards that set well-being as the top priority. 

For inquiries and more information on leasing, contact Lorenzo Rodriguez at (+63) 917-825-6884. 

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Safe Travel 101: Travelling to Cebu Amid the Pandemic

One year since being the epicenter of COVID-19 in the Philippines, Cebu is on its way to adjusting to ‘the new normal’. After successfully controlling cases and stopping re-surges from happening, the local government of Cebu is now allowing travel for business and leisure for domestic or local visitors.

According to the Inter-Agency Task Force, the whole province of Cebu, including Cebu City, is placed under Modified General Community Quarantine from May 1-31, 2020. Under this classification, essential and non-essential travel is permitted as long as tourists strictly observe the following guidelines.

  • All tourists entering Cebu through the Mactan-Cebu International Airport should be wearing face masks and face shields at all times, especially during their flight.
  • Necessary documents should be prepared and ready before boarding the plane. Passengers with incomplete documents will not be allowed to board.
  • All tourists should present a confirmed round trip plane tickets
  • All tourists should fill out and complete the Cebu Public Health Passenger Locator Form

The travel requirements and procedure implemented in Cebu City is stricter compared to the rest of the province. As set by the Cebu City LGU, the following are the travel requirements for APORs:

Travel Requirements | APOR

APOR, or Authorized Persons Outside of Residents are travelers to Cebu City for official business or employment. According to the guidelines of the IATF, the following are considered APORs:

  • Health and emergency frontline service personnel
  • Government officials and government frontline personnel
  • Duly authorized humanitarian assistance actors (HAAs)
  • Persons traveling for medical or humanitarian reasons
  • Persons going to the airport for travel abroad
  • Anyone crossing zones for work or business permitted in the zone of destination, and going back home

Requirements:

  • Negative RT-PCR result (Test must have been taken 3 days from the date of travel)
  • Safe, Swift, and Smart Passage (S-Pass) Registration (To register: Upload all documents to https://s-pass.ph/)
  • Travel Coordination Permit (TCP) or Travel Thru Permit (TPP) QR

Government-employed or IATF members should also include their valid government identification and mission/travel order.

Travel Requirements | Tourists

To aid the economy of Cebu City, tourists with non-essential travel purposes are also allowed to go to the Visayan capital given that they present the following requirements:

  • RT-PCR Negative result (test must have been taken 3 days from the date of travel)
  • Safe, Swift, and Smart Passage (S-Pass) Registration. (To register: Upload all documents to https://s-pass.ph/)
  • Travel Coordination Permit (TCP) or Travel Thru Permit (TPP) QR Code

Meanwhile, the latest directive from the provincial government of Cebu is not requiring APORs and domestic tourists to undergo mandatory testing or quarantine protocols as long as they present the following requirements:

  • Valid IDs
  • Medical Certificate
  • Approved pass after symptoms were checked and screened
  • Strictly comply with the minimum health standards during their stay

Government APORs are also required to have their original travel mission order by their respective superiors.

Other tips and reminders:

Get your RT-PCR Test from DOH-accredited laboratories

Only RT-PCR test results from DOH-accredited laboratories will be honored and considered as a valid requirement when entering Cebu City. Also, keep in mind that the negative test result should be within the 72-hour window prior to your date of travel.

Strictly observe health and safety protocols upon arrival and departure

Comply with the minimum health and safety standards implemented in the province at all times, from arrival to departure. Have all your travel documents readily available for checkpoints and inspections.

JEG Tower @ One Acacia is Cebu City’s newest PEZA accredited premium green building. With its sustainable and green features, the 22-storey commercial tower contributes to Cebu City’s resilience against pandemics and future disease outbreaks. Visit our website at www.jegtower.com to learn more.

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PEZA Benefits in Cebu City

Cebu is one of the most ideal business locations for multinational companies who want to tap the regional market in the Philippines. Given its strategic geographic position, Cebu City is the Visayan economic center offering a rich real estate portfolio of commercial and retail developments.

With the government and private business sector’s support, Cebu has established itself as the main economic stronghold in the Visayan region, making it one of the key cities in the Philippines that can accommodate large-scale operations and adapt to their modern technological needs.

Complementing its bustling tourism industry, continuous infrastructure development, and a fresh pool of labor force, Cebu is an ideal option for local and international businesses. It is also one of the top destinations for IT companies, manufacturers, KPOs, and BPOs, recognized as a leading tech hub and a top destination for the call center industry.

RELATED: Choosing the Best Office Location in Cebu City

Why locate your business in a PEZA accredited building?

Even before the pandemic, many foreign companies have been investing in the Philippines for offshoring and outsourcing jobs to cut operational costs and tap a larger market. To encourage more foreign investment, the government provides benefits and incentives to foreign entities through the Philippine Economic Zone Authority (PEZA).

Companies located in IT Parks and special economic zones enjoy a list of incentives and benefits provided by PEZA. These benefits help companies to get the best return on their capital and investments.

Fiscal Incentives

  • Income Tax Holiday (100% exemption from corporate tax for n number of years) 
  • Tax-free & duty-free importation of capital equipment and raw materials 
  • Exemption from wharfage dues and export tax, impost, or fees 
  • VAT zero-rating of local purchases*  
  • Exemption from payment of all local government imposts, fees, licenses, or taxes 
  • Exemption from expanded withholding tax 

* Subject to compliance with requirements

Non-Fiscal Incentives

  • Simplified Import-Export Procedures  
  • Potential employment for non-resident foreign nationals*  
  • Issuance of Special Non-Immigrant Visa with Multiple Entry Privileges for non-resident foreign nationals 
  • Extended visa facilitation assistance to foreign nationals their spouses and dependents 

*Investor/s, officers, and employees in supervisory, technical, or advisory positions, and their spouses and unmarried children below 21 years old

JEG Tower is now PEZA accredited!

JEG Development Corporation’s maiden high-rise commercial development is now Cebu City’s newest PEZA Accredited premium building. This 22-storey tower is 2020’s Best Commercial Green Development, recognized by the PropertyGuru Philippines Property Awards. It was also shortlisted as the Best Office Development in the same year.

For more information on leasing, contact Lorenzo Rodriguez at (+63) 917-852-6884. You can also send us an email at info@kmcmaggroup.com or reach out to us at (+63) 2-8403-5519.

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Cebu’s COVID vaccination kicks off this week, signals region’s economic recovery

The first batch of COVID-19 vaccine is set to arrive in Cebu by the first week of March. As the Philippines’ vaccination program officially kicked off in Manila, the Department of Health (DOH) announced that doses allotted for Cebu and Davao are already in transit.

“We are already transporting the vaccine this coming March 3 and 4 to Cebu, and to Davao on March 5 and 6,” vaccine czar Carlito Galvez Jr. told the media. The official also committed an ‘equitable distribution’ of Sinovac dosses across the country. He also disclosed that allocated vaccines to the Visayan Region will be delivered to Vicente Sotto Memorial Medical Center.

DOH-7 spokesperson Dr. Mary Jean Loreche has also confirmed that the province will begin its vaccination program as soon as the doses arrive, prioritizing the medical frontliners and local healthcare workers. “Based on the meeting this morning (Sunday), the target for Visayas (Vicente Sotto Memorial Medical Center), is March 4,” Dr. Loreche said.

To prepare for the vaccination roll out, the local government of Cebu has already started profiling priority groups who will receive the vaccine. According to local officials, this step is crucial to prevent any complications as senior citizens and other sectors of the community get inoculated.

Improving economy

Dr. Loreche also confirmed that the province will remain to be under Modified General Community Quarantine (MGCQ) until March 15 as advised by the DOH’s technical advisory council (TAC). This earned the nod of Cebu’s business sector which expressed that the economic revival of the province and its tri-cities: Cebu, Mandaue, and Lapu-Lapu would greatly rely on a successful vaccination program against the pandemic.

Cebu Chamber of Commerce and Industry President Felix Taguiam also expressed his support for the local vaccination program, saying that this should be the signal the recovery of the economy in Cebu and the Visayas.

“We have to do more. At least we can go on with the economy at work which will surely help so many people. Minimum health standards must be strictly enforced by our authorities with no special treatment and we are hoping in the next few weeks, we will see the downtrend,” he said.

He also urged member organizations and companies to allocate budget for the vaccination of their employees to ensure their safety as the province slowly reopen its economy amid the pandemic.

Want to discuss more business opportunities in Cebu City? Contact Lorenzo Rodriguez at (+63) 917-825-6884. For inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.

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Workplace Re-Entry 101: Guide on how to pick the safest office for you

As the world learns to live and work in the new normal, most businesses are faced with the challenge of coming up with a strategy to ease the anxiety that comes with office re-entry. According to Swinburne University survey, only 5 percent of workers want to return to the workplace.

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This is in contrast with the notion that more companies recognize the inevitability of the eventual return to a physical space for smoother conduct of business. Certain landlords have taken to heart the need to provide a safer workplace to meet the needs of employees.

Here is a rundown of characteristics to consider when locating to an office space amid the pandemic:

  • People first

Study shows that satisfying employee wellness and security should be the biggest priority through its amenities and design. Not only with this assist in recruit quality personnel but it will also allow for better productivity, and improve talent retention

In Cebu, JEG Tower @ One Acacia built with the people in mind, providing workspaces equipped with a state-of-the-art heating, ventilation, and air conditioning (HVAC) system that matches with a filtration layer to reduce the risk of viral transmission. It also keeps the environment conducive for work by allowing for natural light and ensuring the green amenities such as pocket gardens and the green roof are available for use.

  • Maximized automation, building technology

A sense of security in the workplace proves to be vital in any re-entry strategy. Reducing health risks or disease susceptibility can be implemented by leveraging technology and automation. Contact tracing activities for buildings or workplaces are also made possible through certain systems or tools that can assist in the overall management and monitoring of spaces.

JEG Tower @ One Acacia has converted its main entryways to automatic sliding doors to make it contactless. The building also stationed hands-free standing and desk temperature scanners to ensure the fitness of each employee or guest entering the premises.

More importantly, its Destination-Oriented Assignment System elevators do not only manage crowds, boost building security, but also assists in easier tracing or monitoring of foot traffic in the building.

RELATED: How JEG Tower ensures workplace safety

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  • Green Accreditation

The push for sustainability is a beneficial boost in pursuing occupant safety and health. Before the pandemic, green accredited estates have already been known to be built to the highest of standards to deliver not only the best workplaces but also to ensure environmental and physical health.

In the Philippines, JEG Tower @ One Acacia is given the Leadership in Energy and Environmental Design (LEED) pre-certified Silver accreditation. The premier office and commercial tower is also recognized as the Best Commercial Green Development of 2020 in the 8th PropertyGuru Philippine Property Awards. It is also highly commended in the Best Office Development category.

Beyond disease prevention and health protection, the new normal workplace must now take on a more holistic and integrated approach that takes the work process and hazard prevention into account. This approach allows for the implementation of measures to help promote healthier work environments equipped to cater to its occupants, improve the experience, and go above project standards.

Want the best workplace for your business? Contact Michael Glindro at (+63) 917-584-0443 or send an email to mike.g@kmcmaggroup.com.

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Qualities of a Great Office: Why JEG Tower @ One Acacia is the Best Workplace in Cebu

Cebu City is an established metropolitan capital of the Philippines in the Visayan region. Over the years, it has emerged as one of the economic centers of the country given its strategic location in the archipelago. As the Queen City of the South urbanized, more and more commercial developments have been catering to the growing demand for office and retail spaces posted by local and international companies expanding in the region.


JEG Tower @ One Acacia is the best place to work in Cebu City. Being recognized as 2020’s Best Green Commercial Development and shortlisted as this year’s Best Office Development, this upcoming Grade A building has the qualities of a great business address and office for your company.

RELATED: Choosing the Best Office Location in Cebu City

Great Business Location

JEG Tower @ One Acacia is located at Archbishop Reyes Ave. corner Acacia St., Cebu City. This strategic location captures the market from its neighboring central business districts, Cebu IT Park and Cebu Business Park. It is also situated along one of the city’s major thoroughfares.

This 22-storey landmark is right in the heart of Cebu City. JEG Tower @ One Acacia is easily located along the main road through its distinct façade and shape. It is near key establishments and amenities such as supermarkets, malls, hotels, and transport hubs.

Premium Green Building

Being the newest premium green building in the Cebu business district, JEG Tower @ One Acacia was designed and constructed using green materials and state-of-the-art technology. These are safeguards to ensure reduced negative environmental impacts and the promotion of its tenants’ health and well-being.

JEG Tower utilizes smart technology in its office, retail, and common spaces to protect its tenants from the threats of the virus. The commercial tower uses MERV-13 air filters and Fresh Air System for optimal indoor air quality. DOAS or Destination Oriented Allocation System Elevators are also one of the world-class green features of JEG Tower as part of its pledge to sustainability and green real estate.

Best place to work in Cebu

JEG Tower @ One Acacia offers office spaces with an open floor layout. This is easily customizable fo companies that would want the flexibility and the option to customize their workspace and reflect their culture through the space. There are also provisions for expansion that support the companies’ room for growth in the long run.

Each unit also has a provision to construct a shower facility. This will be available on the tower’s parking floor for the convenience of the tenants. This feature also serves as a disinfection or sanitation feature within the establishment as an additional safeguard against diseases and other health hazards.

Considering to locate your business in this award-winning green building? JEG Tower @ One Acacia’s showroom is now available for viewing! Contact Lorenzo Rodriguez at (+63) 917-825-6884 or send an email to lorenzo.rodriguez@kmcmaggroup.com. For leasing inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.

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Choosing the Best Office Location in Cebu City

Being the center of economic activity in the Visayan Region, Cebu has emerged as the main driver of trade and business outside Luzon and Metro Manila. More than its bustling tourism and hospitality industry, Cebu City’s office and residential portfolio have grown over the years. Many local and multinational companies that are looking to expand their operations nationwide prefer to lease an office located in the Queen City of the South.

Cebu’s central business district is divided into two master-planned estates, namely Cebu Business Park and Cebu IT Park. Both offer a fair share of work, live, and play developments that promote a holistic lifestyle options for employees, students, and families. The Cebu CBD has evolved into a lifestyle destination at the center of the city, successfully integrating commercial, retail, and lifestyle concepts in one central hub.

With numerous options, how can companies choose the best office to lease in Cebu City? Here are some factors that you should consider:

Location

One of the most crucial considerations in finding the best office space for your business is its location. A great business address is easily located and accessible, not only by clients and potential customers, but also by its employees.

An ideal office location should also be near key establishments such as food stores, marketplaces, hospitals, malls, and public transport hubs. Companies can also consider its distance to their competitors or proximity to its partners within the area to make and execute strategic decisions better.

Building

Companies looking for the best office space for lease in Cebu should also consider the building and structure itself. Inquire about the added amenities and facilities that it offers and how they are maintained. An ideal office should be situated in a building that is well-kept and provides the support a business needs in order to grow and expand in the long run.

Another factor to consider is the building’s green and sustainability features. Due to the COVID-19 pandemic, more people have given more importance to their health and well-being, even outside the comforts of their homes.

An ideal office location should be in a building that promotes a holistic approach to its tenants’ wellness. Green buildings are structures that are designed, constructed, and operates to reduce negative impacts on the environment and improve the health and well-being of its occupants.

Workspace

Space is arguably the most vital when choosing the perfect office for your business. Factor in the size of your company and the total amount of space you need to take up in order to function effectively and most efficiently. An ideal office space should also support the possibility of your company’s expansion and growth in the future.

Some businesses also prefer to have their company culture and identity be reflected in their workspace. This should also be one of your most important considerations as many studies prove that the workplace design significantly contributes to the innovation and productivity of the employees and the company itself.

Finding the best office space for your business can be challenging and overwhelming. However, with the right considerations and priorities in mind, choosing the most ideal workplace for your company should boil down to options that reflect your company values and culture, provide for your needs, and support your business goals. 

JEG Tower @ One Acacia is the newest office and commercial development in the heart of Cebu City. Named as 2020’s Best Green Commercial Development by the PropertyGuru Awards, the 22-storey LEED Pre-certified building is one of the most ideal office locations in Metro Cebu. It is also shortlisted as the Best Office Development by the same award-giving body.

Complementing sustainability with sophistication, JEG Tower @ One Acacia has invested in top-grade technology to provide the most ideal working environment and become the best workplace in Cebu for local businesses and multinational clients.

Want to locate in this world-class green building? Contact Michael Glindro at (+63) 917-584-0443. For inquiries and more information about JEG Tower @ One Acacia, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.