facebook
Traded Co logo
Submit
Daily limit: 0/10

Ted Pick Of Morgan Stanley Acquires Tech Campus From Irving Tan Of Western Digital For $110.3M

Property Image
SOLD
$110,300,000

California

See Similar Deals
Office291,100 SF
Sold 01/09/2026
the dealplayerscompscontact
Property Image
SOLD

Ted Pick Of Morgan Stanley Acquires Tech Campus From Irving Tan Of Western Digital For $110.3M

44100 Osgood Road

See Similar Deals
Office291,100 SF
Sold 01/09/2026
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$378
Total Square Footage:291,100 SF
Transaction Type:Sale

A two-building tech campus located at 44100-44200 Osgood Road in Fremont has been sold for $110.3 million. The asset encompasses 291,100 square feet, resulting in a price per square foot of $379. The sale indicates the ongoing interest in research and office properties within the market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $110,300,000
  • Buyer: Ted Pick - Morgan Stanley
  • Seller: Irving Tan - Western Digital Technologies
  • Square Footage: 291,100
  • Price per Square Foot: $379
  • Date of Transaction: 01/09/2026
  • Market: Fremont

The transaction involved Morgan Stanley's real estate investment unit acquiring the complex from Western Digital Technologies, which was the listed tenant. The sale price reflected a decrease from the previous valuation in 2019, highlighting the pricing dynamics in certain Bay Area tech assets.

Players

TP
Morgan Stanley
Ted Pick
12 deals$1.6B volume
BUYER

Details

SOLD
IMAGE: Ted Pick & Irving Tan DATE: 01/09/2026 ADDRESS: 44100-44200 Osgood Road MARKET: Fremont ASSET TYPE: Office BUYER: Ted Pick - Morgan Stanley (@Morgan.Stanley) SELLER: Irving Tan - Western Digital Technologies SALE PRICE: $110,300,000 SF: 291,100 ~ PPSF: $379 NOTE: A Morgan Stanley real estate investment unit paid $110.3 million for a two‑building, 291,100‑square‑foot tech campus at 44100 and 44200 Osgood Road in Fremont, signaling continued institutional demand for research and office properties.The complex was sold by Western Digital Technologies, which was listed as the tenant, and the sale price was lower than what it last fetched in 2019, showing pricing pressure in some Bay Area tech assets. MorganStanley

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$5,882,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$391,872.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$522,878.27
Annual Debt Service$6,274,539.27