RICHMOND — The historic Ford Point project in Richmond is now completely filled with tenants now that the vast complex, a one-time auto assembly factory, has landed a big lease with a green energy company.
Moxion Power, a maker of mobile systems for the storage of clean energy, has leased 130,000 square feet in the Point Richmond complex, brokers with commercial real estate firms Cushman & Wakefield and JLL said Wednesday.
The new rental agreement leaves the landmark complex, which totals 517,000 square feet, 100% leased.
The lease represents a big early win for Ford Point’s new owners, Madison Capital and Meadow Partners, which teamed up to buy the Richmond complex in June when they paid $103.7 million for the property.
The Moxion Power lease was arranged by Cushman & Wakefield brokers Ted Anderson, Andrew Schmieder and Ryan Hattersley; and JLL brokers Mike Sample, Greg Matter and Patrick Metzger.