Shepherd Offshore Services Ltd. headquartered in Newcastle upon Tyne acquires facility
Seattle, Wash., December 13, 2010 – ATREG (Advanced Technology Resource Group), a Seattle-based global advisory firm to the semiconductor and related advanced technology verticals, announced today that it has facilitated the successful sale of Freescale Semiconductor’s advanced technology campus located at the Halbeath Interchange in the manufacturing area of Dunfermline in Fife, Scotland. After three years on the market, the facility was acquired by Shepherd Offshore Services Ltd. headquartered in Newcastle upon Tyne. Built in 1997, the 93,000 sq. m. campus was not fully completed, and had never been occupied. ATREG, in conjunction with global commercial real estate firm Colliers International, worked hand in hand with Freescale Semiconductor to turn a challenging offering into an attractive proposition, and finalize the transaction to the client’s satisfaction.
“The sale of the Dunfermline fab is the only sizeable property transaction to have occurred in Scotland since the end of Q4 2008,” explains Doug Barrett, principal at ATREG. “The success of this project is ultimately the result of a combined global, regional and local marketing effort with Colliers International, as well as the dedication and determination of all the teams involved. We are pleased to have had the privilege to work with Freescale Semiconductor once again, and to produce the desired outcome for our client.”
Configured for a semiconductor manufacturing facility, the Dunfermline campus is suitable for solar cell, flat panel, pharmaceutical / biotechnology, data center, MEMS, and other cleanroom and critical environment industries. The building comprises a large cleanroom shell designed for 200mm wafer processing with potential to convert to 300mm wafer processing, an easily configurable office area, a central utilities building, and a water treatment plant.
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Based in Seattle, Wash., ATREG is a global advisory firm to the semiconductor and related advanced technology verticals. The company provides some of the world’s largest and most reputable companies with objective market analysis, strategic advice, and transaction execution expertise for the disposition and acquisition of operational assets. With its extensive market knowledge, key industry relationships, and proven track record, ATREG has advised clients in transactions representing a combined market value of over $3 billion. For more information, please visit us online at www.atreg.com.
About Freescale Semiconductor
Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, and networking markets. The company, based in Austin, Texas, has design, research and development, manufacturing or sales operations in more than 27 countries. In addition to its embedded processors, Freescale offers its customers a portfolio of complementary devices that provide connectivity between products, across networks and to real-world signals, such as sound, vibration and pressure. For more information, please visit us online at www.freescale.com.