Morgan Stanley buys Virginia logistics facility for $172.1 million
MS•Morgan Stanley Real Estate Investing funds acquired a 935,000-square-foot Class A industrial facility in Stafford, Virginia, for $172.1 million. Built in 2026, the facility is under a long-term net lease to J.E. Richards, guaranteed by its investment-grade parent, Quanta Services.
1. Facility acquisition
Morgan Stanley Real Estate Investing funds acquired the 935,000-square-foot Class A industrial facility in Stafford, Virginia, for $172.1 million. Built in 2026, the property has immediate access to I-95 and is under a long-term net lease to J.E. Richards, guaranteed by its investment-grade parent, Quanta Services.
