Rivian Leases 60,000 Square Feet Industrial Space From LaTerra Development In Sacramento

An industrial property located at 4100 Northgate Boulevard in Sacramento, CA, has been leased to Rivian Automotive. The asset spans 60,000 square feet and is part of a redeveloped facility that totals 156,000 square feet, which is owned by LaTerra Development.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 4100 Northgate Boulevard
• Market: Sacramento, CA
• Landlord: Charles Tourtellotte - LaTerra Development
• Tenant: RJ Scaringe - Rivian
• Broker: CBRE

This transaction includes a lease agreement in which Rivian will occupy the facility, expanding its operational footprint in Northern California. The anticipated occupancy date for the new sales and service center is set for late 2027, as marketed by CBRE.