Elon Musk's Tesla Leases 29,200 SF Industrial Space From Stream Realty Partners In Buda Texas

The property involved in the transaction is located at 195 Commerce Center Drive in Buda, Texas. It is an industrial asset with a total area of 29,200 square feet. This location is part of the Buda Commerce Center, highlighting its significance in the industrial market south of Austin.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 195 Commerce Center Drive
• Market: Buda, TX
• Landlord: Stream Realty Partners LP
• Tenant: Elon Musk - Tesla
• Brokers: Sam Owen, Will Nichols & Luke Watson - Stream Realty Partners

The deal showcases the involvement of notable individuals, including Elon Musk, representing Tesla in the lease agreement. Stream Realty Partners LP acted as the landlord, and the brokers facilitating the transaction were Sam Owen, Will Nichols, and Luke Watson, all from Stream Realty Partners. Tesla is expected to utilize the leased space as a service center for its electric semi trucks, aligning with job postings for service supervisors and technicians at this location.