Archive · 17 Dec 2025
IBM, Walmart Lease Large Offices in Bengaluru
IBM and Walmart have signed big deals to rent large office spaces in a place called Devanahalli, which is in North Bangalore.
This is a big deal because it shows that these companies believe this area is becoming an important place for businesses.
A real estate expert named Raja Seetharaman said that this is a good sign for the area, as it shows that big companies are looking for new places to set up offices that have good roads and space to grow.
This area is near the airport and is becoming a popular choice for companies instead of the usual tech areas.
IBM and Walmart have leased large office spaces in Devanahalli, North Bangalore.
The lease size is over 1 lakh sq ft, showing a significant investment.
This deal is seen as a major vote of confidence for the North Bangalore area.
The Devanahalli corridor is becoming a preferred location for Global Capability Centers (GCCs).
Experts believe this signals a shift from traditional tech corridors to areas near the airport.
- Who
- IBM and Walmart
- What
- Signed large office lease deals
- When
- Not specified
- Where
- Devanahalli, North Bangalore
- Why
- To establish presence in a growing business hub
- Companies
- IBM, Walmart
- Location
- Devanahalli, North Bangalore
- Lease Size
- Over 1 lakh sq ft
- Significance
- Vote of confidence for North Bangalore
- Expert
- Raja Seetharaman, co-founder of Propstack
