IndoSpace leases over 1.25 lakh sq.ft space to CJ Darcl in Bengaluru

CJ Darcl Logistics (CJ Darcl), a diversified multimodal logistics company, has leased over 1.25 lakh square feet of warehousing space in the Narasapura Industrial and Logistics Park in Bengaluru from IndoSpace for nine years.

Built on a plot spread across 64 acres, the park is located just 54 kilometres from Bengaluru city centre, says an official release from IndoSpace. "The logistics park has also achieved the prestigious Indian Green Building Council (IGBC) Platinum Rating, reflecting IndoSpace’s dedication to environmentally friendly practices."

Rajesh Jaggi, Vice Chairman - Real Estate, The Everstone Group says: “We're thrilled to announce our partnership with CJ Darcl, extending a warm welcome to their team at our cutting-edge facility in Narasapura. This collaboration not only symbolises our shared commitment to excellence but also strategically positions CJ Darcl to leverage IndoSpace's expansive reach across 11 cities and 52 parks, facilitating their growth in key consumption and manufacturing hubs across India. Moreover, our Grade A and sustainable warehouses serve as a strategic advantage, providing CJ Darcl with the infrastructure needed to optimise operations and drive success in the dynamic logistics landscape."

K.K. Agarwal, Managing Director, CJ Darcl adds: “We are delighted to announce our partnership with IndoSpace. This collaboration is a significant step towards enhancing our warehousing and distribution capabilities. Together, we aim to deliver exceptional value to our customers through advanced warehousing and distribution management solutions.”

IndoSpace is India's largest developer of Grade A industrial and logistics real estate with 52 logistics parks spread across 58 million square feet delivered and under development across 11 cities, the release added.