---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-127107"
form_type: "8-K"
ticker: null
cik: "0000808326"
company_name: "EMCORE CORP"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:27:25.261327+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# EMCORE sells Tinley Park property for $10.3M net, leases back for 12 years

## Summary
- Net proceeds of approximately $10.3 million from sale of 8412 W 185th St, Tinley Park, IL to 8400 W 185TH STEET INVESTORS, LLC.
- Leaseback for 12-year term with monthly rent of $62,340.98 for first year, increasing 3% annually; triple-net with tenant responsible for all expenses.
- EMCORE Corporation guarantees lease obligations of subsidiary EMCORE Chicago Inertial Corporation.
- Three options to extend the lease for additional five-year terms each, with rent at fair market rental rate at time of extension.
- Security deposit of $40,000 held by landlord; will be returned if lease still in force on Jan 1, 2026.

## SEC filing metadata
- accession: 0001104659-22-127107
- form_type: 8-K
- cik: 0000808326
- company_name: EMCORE CORP
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/808326/000110465922127107/0001104659-22-127107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/808326/000110465922127107/tm2232667d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-127107
- JSON: https://secwatch.observer/filing/0001104659-22-127107.json
- Plain text: https://secwatch.observer/filing/0001104659-22-127107.txt

## Key facts
- M&A Transactions
  EMCORE CORP completed a disposition involving 8400 W 185TH STEET INVESTORS, LLC for approximately $10.3 million (closed 2022-12-13).
  - Action: disposition
  - Counterparty: 8400 W 185TH STEET INVESTORS, LLC
  - Consideration: approximately $10.3 million
  - Closing: 2022-12-13
  source text: On December 13, 2022, EMCORE Chicago Inertial Corporation (“EMCORE Chicago”), a wholly owned subsidiary of EMCORE Corporation (“EMCORE”), consummated the sale of its property located at 8412 West 185 th St., Tinley Park, Illinois (the “Real Property”) to 8400 W 185TH STEET INVESTORS, LLC (“Buyer”), resulting in net proceeds of approximately $10.3 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/808326/000110465922127107/0001104659-22-127107-index.htm
- Material Agreements
  EMCORE CORP entered into Lease Agreement with Buyer valued at $58,557 per month (effective 2022-12-13).
  - Action: entry
  - Agreement: lease
  - Counterparty: Buyer
  - Value: $58,557 per month
  - Effective: 2022-12-13
  source text: In connection with the sale of the Real Property, EMCORE Chicago entered into a Single-Tenant Triple Net Lease (the “Lease Agreement”) with Buyer pursuant to which EMCORE Chicago leased back the Real Property for a twelve (12) year term commencing on December 13, 2022, unless earlier terminated or extended in accordance with the terms of the Lease Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/808326/000110465922127107/0001104659-22-127107-index.htm
- Material Agreements
  EMCORE CORP entered into Purchase Agreement with HSRE Fund VII Holding Company, LLC valued at $10.3 million (effective 2022-11-01).
  - Agreement: asset purchase
  - Counterparty: HSRE Fund VII Holding Company, LLC
  - Value: $10.3 million
  - Effective: 2022-11-01
  source text: The sale was made pursuant to the terms of that certain Purchase and Sale Agreement (the “Purchase Agreement”) dated as of November 1, 2022, by and between EMCORE Chicago and HSRE Fund VII Holding Company, LLC, an affiliate of Buyer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/808326/000110465922127107/0001104659-22-127107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.