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201 Logistics Drive
LEASED

Tesla Leases 1,089,000 SF Industrial Space From Alliance Industrial Co In Kyle

201 Logistics Drive

Industrial
1,089,000 SF
clock iconLeased 58 days ago
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Summary

Lease
TEXAS
Industrial
1,089,000 sqft

The industrial property located at 201 Logistics Drive in Kyle encompasses a total of 1,089,000 square feet. The landlord, Cyrus Bahrami of Alliance Industrial Co, successfully leased the space to tenant Elon Musk of Tesla.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 201 Logistics Drive
  • Market: Kyle
  • Asset Type: Industrial
  • Square Footage: 1,089,000

Tesla, led by Elon Musk, leased over one million square feet of industrial space in Austin. The properties within the Kyle/35 business park, including the 962,000 square feet previously leased and an additional 127,000 square feet recently acquired, are primarily designated for battery operations. This expansion adds to Tesla's current operations at the Gigafactory in Taylor, Texas, and other facilities within the state.

Details

Deal Summary
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LEASED
IMAGE: Cyrus Bahrami & Elon Musk DATE: 03/11/2024 ADDRESS: 201 Logistics Drive MARKET: Kyle ASSET TYPE: Industrial ~ SF: 1,089,000 LANDLORD: Cyrus Bahrami - Alliance Industrial Co (@AllIndustrialCo) TENANT: Elon Musk (@ElonMusk__.official) - Tesla (@TeslaMotors) NOTE: Tesla has leased over one million square feet of industrial space in Austin, including 962,000 square feet at the Kyle/35 business park and an additional 127,000 square feet last week. These properties are mainly for battery operations, adding to Tesla's existing Gigafactory in Taylor and other facilities in Texas.

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Address201 Logistics Drive

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