Sumco USA Ready to Unload 600,000 SF

SALEM, OR-The Sumitomo Mitsubishi Silicon Group has picked the Seattle office of Colliers International to find a buyer for its two manufacturing facilities here, which will be shut down at the end of the year unless another user is found.

The facilities include a 19-acre campus in North Salem (1351 Tandem Ave. NE), which contains 210,000 sf in six buildings, and a 39-acre campus in South Salem (3990 Fairview Industrial Dr. SE) that includes 397,000 sf in four buildings and 15 acres of excess developable land. Both campuses contain advanced technology, high-tech infrastructure with cleanroom, manufacturing and office areas. In addition to the silicon production lines, office furniture, cafeteria and media equipment is available for interested parties.

Stephen Rothrock, executive director of Colliers’ Advanced Technology Real Estate Group, tells GlobeSt.com the goal is to sell the plants to a company that would continue to use the facilities for the production of silicon. Rothrock declined to comment on the value of the facilities; however, other local sources familiar with the industry tell GlobeSt.com that if the properties were acquired by another silicon manufacturer, they could sell for upward of $40 million, which is about one-third of their original development cost. If such a user is not found, local sources say the production lines would be sold off separately and the value of the properties would drop significantly.