India, Aug. 29 -- TIAA Global Capabilities Private Limited has leased close to 2.5 lakh sq ft of office space in Pune for an estimated total rent of Rs.320 crore over 10 years, according to documents accessed by Propstack.

The company has leased office space at Panchshil Vantage in Wagholi from landlord P-One Infrastructure Private Limited. The lease commenced on June 1, 2026, and covers four floors, the documents showed.

The first tranche comprises floors 5, 6 and 7, spanning 187,996 sq ft, with rent payments starting from December 1, 2026. The second tranche covers floor 8 and spans 67,717 sq ft, with rent payments scheduled to begin from June 1, 2027, the documents showed.

The rent is Rs.2.35 crore per month, with a security deposit...