Quezon City is a major driving force of the Philippine economy. According to the Commission on Audit, QC tops the list of having highest recorded revenues among cities nationwide. In 2015, its revenue reached more than PHP 16.3 billion, way ahead of Makati and Manila, which reported earnings of PHP 15.5 billion and PHP 12.6 billion, respectively.
Aside from big earnings, the city has the biggest registered population in all of Metro Manila, with nearly three million people living in Quezon City. A massive pool of talent, over one million of that population, is in the active workforce. Coincidentally, around 40-percent of Quezon City's population is composed of youth aged 20 years old and below.
Quezon City also serves as one of the biggest investment centers of the country. In 2010, QC had more than 58,000 registered businesses with a combined declared capital of over PHP 1.3 trillion. One in three of these are involved in retail, while one in four is linked to contractors. Wholesale trades constitute 11% of the businesses in the city while restaurants comprise 6%. Manufacturing holds a small share of 2% in the total number of firms in the city. Financial institutions, on the other hand, account for 2%.
Two of the country’s biggest television broadcast networks also continue to call Quezon City home. ABS-CBN Network and GMA Network continue to produce many stars, several of which eventually reside in the city for better proximity to their home networks. This has earned Quezon City the alternative moniker of the City of Stars.
On a global scale, Quezon City is regarded by The World Bank as one of the richest and cleanest cities in the Philippines. Meanwhile, the Asian Development Bank cites QC as a model for other Philippine cities to follow.
Like most of Metro Manila, the city is also a major lifestyle hub with commercial districts such as Tomas Morato, Timog Avenue, UP-Ayala TechnoHub, Eton Centris Park, and the Eastwood Business District. With so many businesses and establishments, it is a given that the largest city in the Metro would also offer a number of options for space to rent for storage or warehousing purposes.
There are a considerable number of commercial properties, especially warehouses for rent in Quezon City. They range in size and features, which can accommodate various business and storage needs.
For those modest requirements is a 145-square meter warehouse in Balintawak. The property has a high-ceiling, making it accessible to a 40-footer container truck, and is also in close proximity to major throughways like Epifanio de los Santos Avenue (EDSA), North Luzon Expressway, and Quirino Highway. The warehouse is currently for rent for a rate of only PHP 29,000 per month.
For those with larger space needs, a 1,830-square meter warehouse located inside a compound in Balintawak is currently available for PHP 366,000 per month. Apart from the warehouse space, the property also includes dedicated office spaces inside.
As QC offers plenty in terms of investment and residential potential, it also continues to prove to be the ideal place for business operations with a wide real estate market that offers a variety of Quezon City warehouses for rent in all types and sizes.