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

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.