ARM Embedded Technologies leases over four lakh sq ft with Bagmane in Bengaluru
ARM Embedded Technologies Pvt Ltd, the India arm of UK-based semiconductor and software design giant ARM Holdings, has leased over 4 lakh sq ft of Grade-A office space in Bagmane Constellation Business Park of the city to expand its operation. The space is in Taurus 4 (North Tower) block of the park, developed by Bagmane Constructions Pvt Ltd, and represents a fresh lease agreement, not a renewal or consolidation, said people aware of the development. According to the registered lease document shared by Propstack, a data analytic firm, the lease term spans 15 years, with a structured 15% rent escalation…