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GlobeSt.com UPDATE: Colliers Tapped to Sell LSI Plant

GRESHAM, OR- The 500,000-sf facility consists of a fully operational semiconductor manufacturing facility, an office building, an energy center, and a central processing facility strategically placed in the heart of a 300-acre tree farm that acts as a buffer and comes with the plant.

By Brian K. Miller | Updated on October 25, 2005

GRESHAM, OR-LSI Logic of Milpitas, CA has tapped Colliers International to find an owner-user for its fully operational 500,000-sf semiconductor maunfacturing facility here that sits on 80-acres at the heart of a 300-acre tree farm. The four-building campus includes a 242,000-sf wafer fabrication plant, a 125,000-sf office building, a 45,000-sf energy center and a 91,000-sf central processing facility.

LSI designs high-performance semiconductors that access, interconnect and store data, voice and video. The company wants to sell its fabrication plant here as part of its transition to newer technology and a “fabless” operating model, which means it will no longer fabricate any of its own product. It announced plans to sell the facility in September.

The plant, which opened in 1998, is LSI’s only US semiconductor manufacturing facility. Much of the company’s manufacturing is already being done overseas through existing foundry partners (UMC, SMIC and ROHM Co Ltd.) in Taiwan, Japan, China and Malaysia.

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