Applied Optoelectronics Buys Houston Property for $26.78M

What Happened

• Applied Optoelectronics, Inc. (AAOI) announced on Sept. 4, 2026 that it entered into a Purchase and Sale Agreement with Blue Ridge Commerce Center West LLC to exercise a one-time purchase option under a lease effective Feb. 10, 2026. The company acquired the real property at 16851 Blue Ridge Commerce Dr., Building 3, Houston, TX. The Property includes ~8.858 acres of land, an approximately 153,928 rentable-square-foot building, and certain related tangible and intangible personal property. The aggregate purchase price was $26,783,472, which the company paid in cash at closing; the seller conveyed the Property by special warranty deed, subject to permitted encumbrances. The company intends to use the Property for office, warehouse, light manufacturing and assembly.

Key Details

• Purchase date/closing: September 4, 2026.
• Property: 16851 Blue Ridge Commerce Dr., Building 3, Houston, TX — ~8.858 acres and ~153,928 rentable sq ft building.
• Price/consideration: $26,783,472 paid in cash at closing.
• Origin: Acquisition exercised under a one-time purchase option from a Lease (lease effective Feb. 10, 2026; option previously disclosed in AAOI’s 8-K filed Feb. 27, 2026).
• Condition: Property acquired “as is” except for the seller’s express representations in the Purchase Agreement; customary commercial real estate reps, warranties and covenants apply. Purchase Agreement filed as Exhibit 10.1 (certain schedules/PII omitted).

Why It Matters

• This is a material real-estate acquisition: AAOI now owns a large Houston facility that the company plans to use for operations (office, warehouse, light manufacturing/assembly).
• Paid in cash: the $26.78M cash purchase will increase the company’s property assets and reduce cash/liquid resources on the balance sheet.
• Investors should note the transaction’s size and intended operational use; the full Purchase Agreement is filed as an exhibit for further details.