Colliers International Advanced Technology Real Estate Group ATREG Closes Sales on Two Semiconductor Facilities of Over $50 Mill

Date : 05/08/2007 @ 6:00AM
Source : PR Newswire
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Colliers International Advanced Technology Real Estate Group ATREG Closes Sales on Two Semiconductor Facilities of Over $50 Mill

SEATTLE, May 8 /PRNewswire/ -- Colliers Advanced Technology Real Estate Group (ATREG) announced they represented Maxim Integrated Products, Inc. (NASDAQ:MXIM) in the purchase of Atmel(R) Corporation's (NASDAQ:ATML) 200mm semiconductor manufacturing facility. The 624,000 square foot facility is located in Irving, Texas on a 39-acre campus.

Doug Barrett, senior vice president & director of Colliers ATREG states, "This is a significant transaction as the global market has seen only one other sale of an empty fab for its intended purpose since 2000. It is a positive indication of the demand for viable, 200mm manufacturing facilities in primary locations."

In April 2007, Colliers ATREG represented Applied Materials, Inc. (NASDAQ:AMAT) in selling the company's 108,000 square foot highly customized R&D facility on four acres of land in Cheonan City, Korea. Bomyung, a Korean semiconductor manufacturer, purchased the property.

Colliers ATREG brokers, Stephen Rothrock, Doug Barrett, Erin Conger and Eric Larsen were involved in both sales. Colliers Korea brokers Jeff Oatman and Sean Kim teamed with Colliers ATREG on the Korean sale.

About Colliers International's Advanced Technology Real Estate Group:

Colliers International is one of the top three commercial real estate services firms in the world with more than 10,000 employees in 266 offices in 56 countries. Colliers' Seattle-based Advanced Real Estate Technology Group (ATREG) helps companies buy and sell advanced technology assets. Recently, Colliers ATREG has represented more than $1billion in transactions including LSI Logic, IBM, Sony, Fujitsu, Kyosha, Elmos, Jabil Circuit, SUMCO, NEC and Matsushita cleanroom manufacturing, fab and technology facilities. For more information, visit http://www.colliersmn.com/atreg.

DATASOURCE: Colliers International

CONTACT: Doug Barrett of Colliers ATREG, +1-206-223-0206, or

Web site: http://www.colliers.com/

http://www.colliersmn.com/atreg

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