A Taiwanese semiconductor-equipment company has bought a nearly 48,500-square-foot industrial building in Surprise for about $10.7 million, giving the West Valley a new international tech occupant. The owner-user purchase marks Directly Technology’s first U.S. location as Arizona’s semiconductor supply chain keeps spreading beyond the fabs themselves.
CoStar Research reported Tuesday that Directly Technology purchased the building in an owner-user transaction. The property totals 48,445 square feet, and the deal puts a Taiwan-based company directly into the Phoenix-area industrial market rather than merely leasing space here.
Before the sale, CBRE’s listing marketed the facility as Echo Park @ P132 Building 1, with roughly 48,300 square feet, 2,500 square feet of office space, six dock doors and three grade-level loading doors. The property also features a secured truck court, 1,600 amps of power and full HVAC, the kind of practical setup that can save an incoming industrial user from starting with an empty shell.
Directly Technology’s own company website describes the firm as a semiconductor-equipment specialist focused on diffusion-furnace systems, heating equipment, thermocouples, quartz products and related maintenance work. The Surprise purchase therefore suggests a U.S. service, distribution or support base, although the company has not publicly detailed its staffing plans, operating schedule or any planned building modifications.
Surprise Deal Lands In Expanding Chip Corridor
The purchase arrives just weeks after Taiwan Semiconductor Manufacturing Co. announced another $100 billion expansion of its Arizona operations. The Arizona Commerce Authority said the state has attracted more than 70 semiconductor expansions since 2020, representing more than $314 billion in investment, figures that show why suppliers are hunting for space across the Valley.
The broader industrial market is giving those companies plenty to compete over. In its second-quarter report, CBRE said Phoenix recorded 4.7 million square feet of net absorption, while vacancy fell to 9.6%; the firm also highlighted major Southwest Valley leases by DHL and Fluidstack totaling about 2.4 million square feet.
This is also not the first Taiwan-linked industrial buy to land in Surprise this summer. A separate semiconductor supplier purchased a 107,400-square-foot warehouse for $20.4 million, as another Taiwan-linked buy showed in July, making Directly Technology’s smaller acquisition another sign that the city is becoming part of the region’s chip-support map.
