The vast sums being poured into new semiconductor plants in Texas presents unique opportunities for commercial real estate development, according to a recent analysis by Colliers.

"It is imperative for developers to understand these trends and strategically position themselves to harness their potential," the analysis stated. "This entails investing in properties located within thriving manufacturing clusters or strategically positioned amidst the robust logistics infrastructure."

The new investments are a result of the bipartisan CHIPS and Science Act introduced by the Biden administration and signed into law in August 2022 to revitalize the semiconductor industry in America. The Act set aside $52.7 billion – including $39 billion in manufacturing incentives – for American semiconductor research, development, manufacturing and workforce development. "The CHIPS Act is not merely a legislative initiative; it is a seismic force reshaping the contours of the manufacturing industry," Colliers said.