Tesla Megafactory Sold in Brookshire

BROOKSHIRE, Texas – Stream Realty Partners announced the sale of two more buildings at its 10-building Empire West industrial development in Brookshire west of Houston.

Buildings 9 and 10, totaling nearly 1.7 million SF near Woods Road and Interstate 10, are 100% leased to Tesla under a long-term agreement. Tesla is establishing a Megafactory to manufacture batteries for large-scale energy storage at the campus.

BGO, on behalf of an institutional investor, acquired the buildings from Stream. BGO is a global investment management and advisory firm with $90.4 billion in assets under management…

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