Marc Winterhoff Of Lucid Motors Leases 92,500 SF Industrial Space At 250 Stockton Avenue San Jose

The property asset involved in this transaction is an industrial facility located at 250 Stockton Avenue in San Jose. The facility spans a total of 92,500 square feet, situated in a growing market for industrial properties.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 250 Stockton Avenue
• Market: San Jose
• Tenant: Marc Winterhoff - Lucid Motors

The deal is marked by Lucid Group's establishment of a studio and service center at the specified address, representing its first venture in the area to provide vehicle servicing. The grand opening event is planned to feature executive appearances and demo drives, signaling the company's strategic expansion within the Bay Area as electric vehicle sales continue to surge.