Quanta Computer (TPE:2382) US unit Quanta Computer USA has leased a 198,768-square-foot factory building in Newark, California, valued at $32.6 million.
The 126-month lease carries an average monthly rent of $368,000, and was signed with Prologis Targeted U.S. Logistics Fund, according to a Friday Taiwan Exchange filing.
The lease is for operational requirements, it said.
Shares of the electronics manufacturer rose nearly 3% in recent trade.