Jabil picks up 4.1 lakh sq ft warehouse in Pune on 10-year lease

The transaction has been structured as a fresh lease, with KVR Industrial Park acting as the sub-lessor, while the Maharashtra Industrial Development Corporation (MIDC) is the landlord.The space has been leased by the company’s subsidiary Under the agreement, Jabil has taken a total chargeable area of about 413,287 sq ft and the company will pay a monthly rent of over Rs 94.84 lakh for the facility. It has also placed a security deposit of around Rs 5.39 crore, showed the registration documents accessed th ...