Tata Realty leases office space to Johnson Controls, PepsiCo

Tata Realty and Infrastructure (TRIL) has given on lease over 156,000 sq ft of office space in its commercial projects at Gurugram in Haryana to Johnson Controls and PepsiCo. The leasing will gross an operating income of approximately Rs 270 million in the next two years. 

Johnson Controls has taken on lease 85,000 sq ft office space in Intellion Park Gurugram, an IT/ITeS SEZ campus, spread over 25 acre and comes with LEED Platinum Pre-Certification. PepsiCo has signed for about 71,000 sq ft of space in Intellion Edge, which is spread across 8 acre in Gurugram's Sector 72. The leased space stands to help PepsiCo in relocation and will enable Johnson Controls to create 800+ new job opportunities in the region.