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January 18, 2022
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NIO USA Leases 200k sf San Jose HQ Facility

1/14/22

Electric vehicle manufacturing company NIO USA Inc has agreed to a 10-year lease for a 201.5k sf office HQ facility in San Jose. The firm will utilize the property, located at 3151 Zanker Rd, as a Research and Innovation Center that will support a variety of functions for the company including research and digital development, testing, assembly, warehousing and operations.

3151 Zanker Road was originally constructed in 1990 and underwent significant interior and exterior renovations in 2020 including: a new lobby and front façade; a complete rebuild of the rear café space that involved the installation of an outdoor deck adjacent to the café and sliding glass doors; second-floor exterior balconies; new landscaping and stone paving; and a new highly visible monument sign facing the heavily traveled Montague Expressway. The building is suited for both office and R&D use. In addition, a portion of the first floor serves as a shipping and receiving area.

The building is surrounded by 1.2 acres of amenities and features full-sized basketball and tennis courts, a half basketball court, a sand volleyball court and an amphitheater. Other on-site amenities include a fitness center and indoor racquetball court.

The property is near several industry-leading technology companies such as Western Digital (formerly SanDisk), Google, Samsung, PayPal, Cisco and Microsoft and one block away from the Santa Clara County VTA Light Rail stop. Interstate 880 and highways 237 and 101 are also easily accessed from the property.

Michael Rosendin, Craig Fordyce, Shane Minnis, and Ryan Ward with Colliers represented the landlord, Zanker Road Partners LLC, an affiliate of Los Angeles-based Oakmont Corporation. Sean Toomey, Jere Hench, John McMahon and Sean McMahon, also with Colliers, repped NIO.





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