other material
confidence high
sentiment neutral
materiality 0.75
Applied Optoelectronics agrees to buy 388,133 sq ft facility in Pearland, TX for $58.4M
APPLIED OPTOELECTRONICS, INC.
- Purchase price $58.4M for two buildings totaling ~388,133 sq ft in Pearland, Texas.
- Property intended for office, warehouse, manufacturing and assembly use.
- Closing scheduled for April 17, 2026; $1.17M deposit due within three business days.
- Seller is SRPF D/Kirby Industrial, L.P.; agreement contains customary representations and closing conditions.