Nio USA, a maker of electric vehicles and smart car technologies, has leased a big north San Jose building that will serve as the company’s headquarters and innovation center.
SAN JOSE — Nio USA has leased a big north San Jose building that will be the headquarters and innovation center for the maker of electric vehicles and smart car technologies, commercial real estate firm Colliers said Thursday.
China-based Nio USA signed a lease for a building that totals 201,500 square feet, agreeing to a 10-year rental deal, according to Colliers. At one point, Nio had also leased an adjacent building at 3100 N. First St. that totaled 100,000 square feet, giving the company a total of 185,000 square feet at the two-building site.In either case, the Zanker Road rental deal represents a significant local expansion for the Nio USA operations.
The two-story Zanker Road building that Nio leased was originally built in 1990. In 2020, building owner Oakmont Corp. launched a wide-ranging renovation and upgrade of the structure and property.
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