Faraday
Hanford, CA
Address:
10701 Idaho Ave
Market:
Hanford, CA
Building Size:
909,000
Asset Class:
Logistics
Date Acquired:
October 2023
Status:
Operating
Property Description
In 2023, Ocean West closed on the off-market sale leaseback of a recently renovated advanced manufacturing facility totaling 909,000 square feet located in Hanford, CA. The facility is the manufacturing headquarters for Faraday Future, a luxury electric vehicle manufacturer. Faraday recently upgraded the property into a state-of-the-art EV auto manufacturing plant with nearly 28,000 amps of power servicing the facility. Faraday produces its flagship vehicle, the FF 91, at the property.