other material
confidence high
sentiment neutral
materiality 0.50
Applied Optoelectronics buys Houston facility for $26.8M cash
APPLIED OPTOELECTRONICS, INC.
- Acquired 8.858-acre property with 153,928 sq ft building at 16851 Blue Ridge Commerce Dr., Houston, TX for $26,783,472.
- Purchase from Blue Ridge Commerce Center West LLC via exercise of purchase option under Feb 10, 2026 lease.
- Closing on Sept 4, 2026; price paid in cash, special warranty deed conveyed subject to permitted encumbrances.
- Intended use: office, warehouse, light manufacturing and assembly.