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Morgan Stanley Snaps Up Tesla-Leased Industrial Park for $110 Million

DivcoWest Lands Buyer for East Bay Industrial Park Before Coronavirus Impact Settles In
Tesla leases the Fremont industrial park at 901 Page Ave., which was recently acquired by Morgan Stanley. (CoStar)
Tesla leases the Fremont industrial park at 901 Page Ave., which was recently acquired by Morgan Stanley. (CoStar)
CoStar News
April 16, 2020 | 8:37 P.M.

Investment bank Morgan Stanley has acquired a sprawling East Bay industrial complex leased by electric car manufacturer Tesla for $110 million, giving the market a boost before an anticipated slowdown in sales activity due to the coronavirus.

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