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Applied Optoelectronics signs leases for two Houston buildings totaling over 1 million square feet
AAOIApplied Optoelectronics, Inc.
On August 31, 2026, Applied Optoelectronics entered into two lease agreements for industrial buildings in Houston to be constructed by the landlord. Building 4 comprises approximately 356,186 square feet with monthly rent starting at $220,835.32, while Building 5 includes roughly 737,621 square feet with initial monthly rent of $457,325.02. Both leases have a 120-month term and require aggregate security deposits totaling $11.3 million. The company also paid approximately $2.55 million for structural modifications to accommodate future rooftop solar panels. Each lease grants an option to purchase the respective building and land at a combined price of $146,570,138. Applied Optoelectronics manufactures optoelectronic components and systems.