• Morgan Stanley Real Estate Investing funds acquired a research and development facility in Milpitas, California, for $84.1 million.
• The 189,481-square-foot property is subject to a long-term net lease with semiconductor equipment supplier KLA.
• Located in Silicon Valley's Golden Triangle, the Class A facility expands the funds' exposure to semiconductor infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morgan Stanley published the original content used to generate this news brief via Business Wire (Ref. ID: 20261111715874) on November 11, 2026, and is solely responsible for the information contained therein.