Morgan Stanley Investment Management Acquires Virginia Industrial Facility for $172.1 Million

09:27 AM EDT, 10/26/2026 (MT Newswires) -- Morgan Stanley (MS) Investment Management said Monday it has acquired a newly developed class A industrial facility in Stafford, Virginia, for $172.1 million, through investment funds managed by Morgan Stanley Real Estate Investing. The 935,000-square-foot facility is subject to a long-term net lease agreement with J.E. Richards, and the lease is guaranteed by Quanta Services, according to a statement.