News
Colliers assists reliability data analytics firm, Pinnacle, in setting up office in Hyderabad
Hyderabad, 16, October 2023: Industrial reliability solutions company, Pinnacle, has a strong presence in the US and is now setting up shop in India. Colliers, led the assignment and successfully transacted a premium space at Skootr, My Home Twitza in Hyderabad’s secondary business district.
“Given Pinnacle’s focus on long-term expansion in the professional services and technology sector, our team narrowed its search to Hyderabad’s SBD micro-market. After conducting an exhaustive analysis of Pinnacle’s growth projects and market conditions, we recommended managed spaces as the most viable and cost-effective option. The team negotiated terms that maximized revenue for the client, employing creative financing solutions and other strategies to optimize the transaction”, said Arpit Mehrotra, Managing Director, Office Services, South & Head or Flex, Colliers India.
The 350-seater state-of-the-art managed workspace spans 21,000 sq. ft. Aligned with the firm’s parameters of providing an enriched employee experience, the space boasts modern-day amenities like wellness rooms, a fully equipped event space, collaborative workspaces, on-site horticulture, creative zones, and outdoor spaces.“The Colliers team was instrumental in turning our vision for our office space into reality. As we began our search for office space in Hyderabad, we were searching for a space that would incorporate our values of growth, excellence, and impact and enable our employees with the resources to drive our company vision of making the world reliable, one customer at a time”, said Benjamin Brambila, Country Manager, India, Pinnacle.
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