130,000 sq ft industrial space leased by Steelcase in Pune
U.S.-based furniture and storage manufacturer Steelcase's Indian arm has picked up around 130,000 sq ft of industrial space at IndoSpace Industrial Park in Pune’s Chakan. The firm's wholly-owned subsidiary, Steelcase Asia Pacific Holdings India, has picked the land for over 5 years.
As per the agreement, there is a monthly rental of Rs 46.42 lakh and a 5% annual escalation.
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