Analytix Business Solutions, a US-based outsourced solutions provider has leased 70,000 sq. ft. of managed office space in Sun Westbank, developed by Sun Builders Group, located at Ashram Road, Ahmedabad.

The duration of the contract period is nine years.

Realistic Realtors facilitated the office space transaction. The tri-party agreement has been facilitated between Sun Builders Group, Analytix Business Solutions and The Address, a co-working and serviced office space provider.

The Address has added 70,000 sq. ft. of super built-up area at Sun Westbank, which is further taken on lease by Analytix Business Solutions with a seating capacity of around 1,000 people.

Nikit Shah, assistant vice president, Realistic Realtors said, “The last two years were challenging due to pandemic as commercial space requirements were declining at a rapid pace. Transactions of such quantum will surely bring back that confidence in the market.”

Yash Shah, founder & CEO, The Address said, “We have ambitious plans for the next three years and are eying to increase our footprints and client base with a great team and leadership hiring that has joined us.”