Date: September 2019
Transaction Type: Sale
Property Type: Land
Size: 913 acres
Price: $16,900,000 USD
Our team represented Faraday Future in their 8 parcel assemblage of just under 1,000 acres in 2016. The client’s original plan was to construct a 3 million square foot electric auto manufacturing facility. However, due to strategic repositioning, Faraday (in 2018) moved its manufacturing facility to Hanford, Calif. In March 2019, we were hired again to assist in the disposition of all non-core business assets.
Danielle Steffen, SIOR
Amy Ogden, SIOR