An OR-based corporation has closed on an $87 million purchase of a wafer fabrication plant in Richardson, the telecommunications heart of the Dallas-Ft. Worth metroplex.

TriQuint Semiconductor Inc. is taking over a 38-acre facility of Micron Technology Texas LLC.The plant contains a 48,500-sf class 1 clean room, 10,000-sf class 100 clean room and about 84,000 sf of office space. The purchase will facilitate an expansion of TriQuint’s wafer fabrication capacity and enable its 350-member TX division to relocate from leased space at the Dallas campus of Texas Instruments. A TriQuint statement says the relocation will be completed in two years.

TriQuint will undertake an upgrading of the purchased property, installing new process lines that will increase fabrication capacity to make it larger than the current combined capabilities of its Dallas and Hillsboro, OR, facilities. The company says the move will enable the TX division to beef up personnel, possibly as high as 900. TriQuint Semiconductor Inc. is a leading international supplier of a broad range of high-performance gallium arsenide (GaAs) integrated circuits. Tom Cordner, TriQuint VP and TriQuint Semiconductor Texas GM, will manage the Richardson facility and the transition from the Dallas leased facility.

“When operational, the facility will give TriQuint a total manufacturing capacity well in excess of $1 billion,” says Steve Sharp, TriQuint President and CEO. Synthetic lease financing was arranged through ABN AMRO Bank.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.