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Binswanger Brokers Major Sale of Former ZiLOG Property in Nampa, Idaho.


GREENWOOD VILLAGE, Colo. -- Representing ZiLOG Inc., Binswanger negotiated the sale of its 108,322 sq. ft. building with acreage to Sundance Investments, LP. The property is located at 1551 11th Avenue North in Nampa, Idaho Nampa (IPA: [næm pə]) is the largest city in Canyon County, Idaho, United States, and the second largest in the state. Only the capital city, Boise, is larger. .

Integrated-circuit-manufacturer ZiLOG consolidated its Idaho wafer fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers.  production into other operations overseas approximately 32 months ago, closing this Nampa facility along with another located at 1401 North Kings Road. The San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, California-based company decommissioned this former semiconductor wafer fabrication facility and modified it for generic industrial use.

"The set up and the size weren't conducive to other semicon operations, and I knew converting it would generate more broad-based interest," said Eric Dienstbach, senior vice president of Binswanger's Denver office. Mr. Dienstbach represented ZiLOG in the sale of this property as well as in the sale of its former Kings Road facility to Micron Technology Micron Technology ("Micron") NYSE: MU is a multinational company based in Boise, Idaho, USA, best known for producing many forms of semiconductor devices. This includes DRAM, SDRAM, flash memory, and CMOS image sensing chips.  Inc. in March of last year.

J. L. Boyd Company represented the buyer, Sundance Investments, LP in this transaction.

The buyer is the investment arm of The Sundance Company, a commercial real estate management firm based in Boise, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation).

Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area.
. The company is still exploring its options for the Nampa property, which may include the construction of additional buildings. "We purchased this property with the intention of multitenant use, and we already have four interested parties," said Travis Anderson, vice president of The Sundance Company.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the U.K. and Europe, the Middle East, Asia and Australia.
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Publication:Business Wire
Date:Jun 4, 2007
Words:260
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