Nikola Buys Phoenix HQ; Plus 11 Other Valley Real Estate Deals to Know

Article originally posted on Phoenix Business Journal on December 6, 2021

Nikola Corp. (Nasdaq:NKLA), the hydrogen and electric semitruck manufacturer, bought its headquarters for $25 million, according to real estate database Vizzda.

The company bought the 200,000-square-foot building at 4141 E Broadway Road in Phoenix from the Douglas Allred Company in a sale that closed Nov. 23.

A company spokeswoman for Nikola said the vehicle manufacturer had been leasing the building for a few years and decided to buy it.

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