LATHROP, CA—Tesla Motors Inc. has signed alease with Transpacific Development Co. for430,770 square feet of space at 18260 Harlan Rd.here. The terms of the transaction were not disclosed, but theparties involved say it is one of the largest newindustrial leases in NorthernCalifornia in the past year.
The property is adjacent to I-5, has excellent freeway accessand visibility and allows for tenant expansion if needed. Inaddition to the existing building, the property has excess land inthe event that Tesla continues on its growth track.
Tesla was represented in the transaction by GregMatter, VP, and Bob Taylor, EVP, ofJLL. TDC was represented by Kevin DalPorto and Blake Rasmussen, SVPs ofCBRE.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
