AAOI signs three long-term leases with $102.25M purchase option in Houston

APPLIED OPTOELECTRONICS, INC.

Three 123-month leases with Hightower Phase I Owner for industrial buildings totaling ~736,216 rentable sq ft.
Initial rent abatement first 3 months; monthly rent for Building 1 starts at $104,915.20 in month 4.
Purchase option for aggregate $102.25M; earnest money $1,758,750; closing 45 days after exercise.
Leases cover manufacturing, warehouse, and office use; estimated delivery date Nov 1, 2026.
Outside delivery date Jan 1, 2027; Tenant may terminate if not completed by July 1, 2027.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

APPLIED OPTOELECTRONICS, INC. entered into Leases with Hightower Phase I Owner, LLC (effective 2026-05-08).

Action: entry
Agreement: lease
Counterparty: Hightower Phase I Owner, LLC
Effective: 2026-05-08

Exact text from the filing

On May 8, 2026, Applied Optoelectronics, Inc. (the "Company") entered into three separate lease agreements (each, a "Lease" and collectively, the "Leases") with Hightower Phase I Owner, LLC, a Delaware limited liability company (the "Landlord"), for three industrial buildings located in Houston, Texas ("Building 1," "Building 2," and "Building 3").

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APPLIED OPTOELECTRONICS, INC. filing history →

Source: SEC EDGAR

accession 0001683168-26-003817

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