A New York-based real estate group successfully bid $65 million to secure land expected to support a new semiconductor facilities plant near Deer Valley Airport.
The company, Mack Real Estate Group, outbid another company by about $10 million to secure the land deal that is could be used for supplier locations working with a planned Taiwan Semiconductor Manufacturing Co. facility in north Phoenix.
There were two total bidders in the auction. The other company, whose name is unknown, bid the minimum bid of $55.1 million, according to the Arizona State Land Office.
