[Quanta] Subsidiary Quanta Manufacturing Nashville, LLC Signs Lease Agreement
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AI Summary (NQ-processed)
Quanta Computer announced that its subsidiary, Quanta Manufacturing Nashville, LLC, has secured a lease for a facility in Fremont, California. The 10-year agreement is valued at approximately $61.71 million.
AI Analysis
Frequently Asked Questions
- Q: What is the scale of Quanta's lease in California?
- A: It covers approximately 203,414 sq. ft. with a total contract value of approx. $61.71 million over 10 years.
- Q: What is the purpose of the lease?
- A: It is intended to meet Quanta Computer's operational requirements and expand its local facility capacity.
- Q: Is this a related-party transaction?
- A: No, the counterparty, Prologis, L.P., is not a related party to Quanta Computer.