Three huge Livermore buildings whose tenants include Tesla have been bought in a deal that tops $300 million.
LIVERMORE — Three huge Livermore buildings whose tenants include Tesla have been bought in a deal that tops $300 million, a sign that some Bay Area real estate sectors remain sturdy.
801 Challenger Street in Livermore, an industrial building totaling 294,900 square feet whose tenant is Draexlmaier Automotive of America. — 801 Challenger Street, totaling 294,900 square feet. Draexlmaier Automotive Of America leased the building for a manufacturing operation, the company said when the plant opened in 2017.
The just-completed purchase of the Livermore buildings points to rising property values for the trio of industrial sites, according to documents on file with the Alameda County Assessor’s Office.
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