Business Journal of Portland, 2005-10-26
by Staff Reporter
Portland, Washington
LSI Logic Corporation has retained Colliers Interntaional Advanced Technology Real Estate Group to assist with the sale of its Gresham semiconductor manufacturing facility.
"This represents a rare opportunity for a semiconductor company to acquire one of the premier 200mm semiconductor fabs with a fully operational production line that is available on the global market today," said Stephen Rothrock, Seattle-based Colliers' senior vice president and managing director. "LSI Logic's Gresham manufacturing facility includes a highly skilled work force, intellectual property and equipped cleanrooms that represent significant time-to-market and cost advantages for a producer seeking additional advanced fab capacity."
Completed in 1998, the ballroom design-based manufacturing facility and equipment set is currently in commercial production with products at the 130nm, 180nm and above technology nodes, and includes copper technology. It is equipped with advanced 200mm semiconductor-process tools. In addition, the campus contains a significant amount of office and support space. The 80-acre site provides separate, secure and self-contained power, water and numerous amenities. The campus allows flexibility for future growth and is fully permitted.
"Our intent is to sell the Gresham fab as an ongoing operation to a semiconductor manufacturer interested in the fab's advanced capabilities and experienced work force, as well as establishing a strategic product supply agreement with LSI Logic," said Don Esses, Milpitas, Calif.-LSI Logic's (NYSE: LSI) executive vice president of worldwide operations.
About Colliers International
Colliers International is a global partnership of independently owned commercial real estate firms. The organization's 9,141 employees span the world in approximately 250 offices in 51 countries. On a worldwide basis, Colliers manages 660,620,752 square feet, and has revenue of $US 1,174,664,792. For more information about Colliers International, visit our website at www.colliers.com.
Contact Information
Steven Rothrock
steven.rothrock@colliers.com
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