X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TEMPE, AZ-A building outfitted with a clean room found a tenant in Total Fab Solutions, which signed a five-year, $593,000 lease for 13,699 sf at the Expressway Corporate Center.

Broker Kurt Saulnier, with Daum Commercial Real Estate Services, tells GlobeSt.com that the firm, which polishes semiconductor chips for the computer industry, spent about two months negotiating the terms of the lease with building owner, Lawrence Semiconductor Investments before making the move. “They needed clean room facilities and this will give them more space,” said Saulnier, who along with Daum’s Michael Wallis, represented the building owner. Kent Greenwald and Eric Brown, a Coldwell Banker Commercial team in Phoenix, represented the tenant.

The transaction gives Total Fab 12,163 sf of office space along with 1,536 sf of Class 100 clean room space in one of six buildings in the corporate center. The firm will move its facilities from its current location at 48th Street and Broadway in Tempe, sometime soon, Saulnier said.

Located at 3015 S. Park Dr. and 2315 W. Fairmont St., the Expressway Corporate Center totals 79,323 sf of light manufacturing and assembly space spread out in six buildings.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.