India, July 8 -- Texas-based energy giant ExxonMobil Services and Technology has renewed its lease for five years for nearly 5.31 lakh square feet of office space in Bengaluru's eastern IT corridor of Whitefield for a monthly rent of Rs.2.60 crore, according to documents accessed by Propstack.

The space, located in Prestige Shantiniketan, is spread across multiple floors in Crescent 1 (floors 4,5,6,7, 8) and Crescent 2 (floors 1, 2,4,5,6,7), the documents showed.

The lease commenced on November 1, 2023, and has a term of five years, with an option to renew for an additional five years. The document showed that the landlords are Prestige Estate Projects Limited and INR Holdings.

The rent has been charged at Rs.49 per sq ft and will be i...