Phoenix ‘supplier site’ for Taiwan Semiconductor sells at auction

Photo via Arizona State Land Department

By Corina Vanek | Phoenix Business Journal

An entity of Mack Real Estate Group, a New York-based firm that has been focusing on growing in the Phoenix market, bought a key parcel of land deemed a “supplier site” for the Taiwan Semiconductor Manufacturing Co. (TSMC) plant at an Arizona State Land Department auction.

Craig Henig, executive director of Mack Real Estate Group Management, was the designated bidder for Mack, and bid $65 million for the land at the auction held on Tuesday. Mack outbid VanTrust Real Estate in the auction, which offered the minimum bid of $55.08 million.

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