PHOENIX, ARIZONA (August 21, 2024) – The Valley’s robust semiconductor industry has attracted a global leader in precision cleaning and advanced coatings, KoMiCo, which purchased a 125,000 SF manufacturing facility in Mesa, Arizona.
NAI Horizon Senior Vice President Richard Foss, Executive Managing Director Isy Sonabend, and Senior Associate Drew Eisen represented KoMiCo Phoenix, LLC, of Austin, Texas, in the $17.5 million acquisition of 7300 E. Hampton Ave., in Mesa.
KoMiCo, with sites in South Korea, Singapore, China, Taiwan and the U.S., will develop a state-of-the-art facility for advanced semiconductor equipment parts cleaning, coating, and repair facility in the Superstition Springs area of the Southeast Valley. According to KoMiCo, the facility is expected to be operational by 2026, creating more than 200 new jobs.
“KoMiCo will ultimately bring higher paying jobs to the Southeast Valley once it is fully ramped up,” Foss said. “The City of Mesa has been extremely helpful in our efforts to determine the viability of this site. The Arizona Commerce Authority was instrumental in assisting KoMiCo in identifying all available benefits.”
KoMiCo is considered a major vendor for semiconductor giants Intel and the Taiwan Semiconductor Manufacturing Company (TSMC). Intel has a huge presence in Chandler, Arizona; TSMC is constructing a massive, $65 billion manufacturing facility in North Phoenix.
The Mesa facility, which represents more than $50 million capital investment, will be KoMiCo’s third location in the U.S., and eight globally. The Mesa site covers 12.5 acres, which will make it the firm’s largest site in the U.S.
KoMiCo is a subsidiary of the MiCo group joined by MiCo Ceramics, MiCo Power, MiCo BioMed, and MiCo Ltd. MiCo Ltd also supports the semiconductor industry with raw material development, including special powders used in the coating process.
The seller, 7300 East Hampton, LLC of Tempe, Arizona, was represented by Lee & Associates.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 offices worldwide. For more information, visit www.naihorizon.com.
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NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.
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