DATE: 2014-01-08

Tesla Motors, Inc. is an American company that designs, manufactures and sells electric cars and electric vehicle powertrain components. The Tesla Factory is an automobile manufacturing plant in Freemont, California. Its current production facility is on a 370-acre site is mostly unused by its 5,500,000-square-foot main building that does the final assembly of vehicle.

At the request of Tesla Motors, which was reviewing options for expanding its R&D operations on the Tesla Factory site, Synergy conducted extensive research to identify properties near Tesla’s Fremont, California campus suitable for a new 120,000sf facility for development and testing of its electric vehicles. Synergy’s comprehensive report provided Tesla the market data it needed to evaluate its options for present and future expansion. Synergy’s work with Tesla Motors as a Corporate Real Estate Advisor for a future R&D Test facility is on-going.