Applied Optoelectronics, Inc. (AAOI) has acquired a commercial property in Houston, Texas, by exercising a one-time purchase option from a prior lease agreement. The company paid approximately $26.8 million in cash for the facility, which it intends to use for office, warehouse, light manufacturing, and assembly purposes.
Key Details
- Purchase Price: The aggregate purchase price was $26,783,472, paid in cash at the closing on September 4, 2026.
- Property Details: The acquired property, located at 16851 Blue Ridge Commerce Dr., Building 3, in Houston, includes an approximately 153,928-square-foot building on 8.858 acres of land.
- Agreement: The transaction was executed through a Purchase and Sale Agreement with Blue Ridge Commerce Center West LLC, fulfilling a purchase option granted under a lease agreement that became effective on February 10, 2026.