LATHROP, CA—Tesla Motors Inc. has signed a lease with Transpacific Development Co. for 430,770 square feet of space at 18260 Harlan Rd. here. The terms of the transaction were not disclosed, but the parties involved say it is one of the largest new industrial leases in Northern California in the past year.

The property is adjacent to I-5, has excellent freeway access and visibility and allows for tenant expansion if needed. In addition to the existing building, the property has excess land in the event that Tesla continues on its growth track.

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