Tata Toyo Radiator leases 250,000 sq ft of warehouse in Pune
The joint venture (JV) of Tata AutoComp Systems, T RAD Co, Mitsubishi, and Tata Toyo Radiator, Tata Toyo Radiator has leased over 250,000 sq ft of warehouse space in Pune's Khed locality. As per agreement initially, rent will be Rs 67 lakh per month plus Rs 23 lakh for improvements, with a 12% rent hike every three years.
Under the agreement, the rent commencement date has been set as March 1, 2025, subject to completion of tenant improvement work by January 16, 2025.
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