Applied Optoelectronics Buys 154,000 SQFT Blue Ridge Commerce Center Building from Trammell Crow, Daiwa House for $26.8MM in Southwest Houston

Optical transceiver maker Applied Optoelectronics exercised a purchase option on Building 3 at Trammell Crow Company and Daiwa House Texas' Blue Ridge Commerce Center, closing on the 153,928-square-foot warehouse for about $3.5 million less than the price written into its lease just seven months earlier.