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Tesla Signs Industrial Leases in San Jose and Fremont

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Tesla is expanding its Bay Area industrial footprint with two major leases for regional operations and logistics. The electric‑vehicle manufacturer controlled by billionaire Elon Musk has signed agreements for two large properties totaling nearly 375,000 square feet, according to commercial real estate firms Colliers and CBRE, Mercury News reported. The larger lease covers a 267,100‑square‑foot facility at 49000 Milmont Drive in Fremont and is owned by a joint venture between Hines and Oaktree Capital Management. Located near Tesla’s flagship Fremont factory, the building is expected to support advanced manufacturing or component assembly, complementing the company’s existing production infrastructure.

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Other April 17, 2026

Tesla Signs Industrial Leases in San Jose and Fremont

Tesla is expanding its Bay Area industrial footprint with two major leases for regional operations and logistics. The electric‑vehicle manufacturer controlled by billionaire Elon Musk has signed agreements for two large properties totaling nearly 375,000 square feet, according to commercial real estate firms Colliers and CBRE, Mercury News reported. The larger lease covers a 267,100‑square‑foot facility at 49000 Milmont Drive in Fremont and is owned by a joint venture between Hines and Oaktree Capital Management. Located near Tesla’s flagship Fremont factory, the building is expected to support advanced manufacturing or component assembly, complementing the company’s existing production infrastructure.

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