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Semiconductor makerâs Phoenix HQ sells for $27M
Credit: Cushman & Wakefield
By: Corina Vanek - Phoenix Business Journal
Posted at 11:59 AM, Dec 28, 2020
and last updated 2020-12-28 13:59:07-05
PHOENIX â A Los Angeles-based investor bought a 130,000-square-foot research and development facility in Phoenix that serves as the headquarters for ASM America, a supplier for semiconductor process equipment for wafer processing.
Mapleton Investments bought the building for $27 million in its first purchase in the Phoenix market. The building is located at 3440 East University Drive near Sky Harbor International Airport. Canada-based Artis REIT sold the building, and the transaction was brokered by Chris Toci and Chad Littell of Cushman and Wakefield.