{"id":489670,"date":"2026-01-03T15:10:15","date_gmt":"2026-01-03T15:10:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/489670\/"},"modified":"2026-01-03T15:10:15","modified_gmt":"2026-01-03T15:10:15","slug":"lam-research-buys-45-8m-office-building-in-phoenix","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/489670\/","title":{"rendered":"Lam Research buys $45.8M office building in Phoenix"},"content":{"rendered":"<p>Lam Research Corporation, which supplies wafer fabrication equipment to chipmakers like TSMC, bought a 147,638 square-foot office building in north Phoenix on Dec. 23, according to real estate database Vizzda LLC.<\/p>\n<p>It acquired the property from Phoenix-based <a href=\"https:\/\/ktar.com\/arizona-business\/office-park-arizona-biltmore\/5709488\/\" target=\"_blank\" rel=\"noopener\">JDM Partners<\/a> \u2014 a real estate firm co-founded by Jerry Colangelo, who now serves as chairman \u2014 for $45,770,000. JDM purchased it in 2018 for $48 million, Maricopa County records show.<\/p>\n<p>The three-story office building, located at 25700 N. Norterra Pkwy., was built in 2016 and sits on 12.33 acres. It\u2019s right off Interstate 17 and just a short drive from TSMC\u2019s campus.<\/p>\n<p><a href=\"https:\/\/www.bizjournals.com\/phoenix\/news\/2025\/12\/29\/lab-research-tsmc-deer-valley-office.html?utm_source=sy&amp;utm_medum=ptr&amp;utm_campaign=ktar\" target=\"_blank\" rel=\"noopener\">This story is posted in partnership with Phoenix Business Journal. Click to read the full story<\/a>.<\/p>\n<p>We want to hear from you.<\/p>\n<p style=\"margin-top: 0px;\">Have a story idea or tip? Pass it along to the KTAR News team <a href=\"https:\/\/ktar.com\/arizona-business\/lam-research-buys-office-tsmc\/5800233\/mailto:stories@ktar.com\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p><a href=\"https:\/\/ktar.com\/newsletters\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/KTAREmail-830x100-1.jpg\" height=\"44\" width=\"365\" style=\"margin: 0 auto;\" class=\"mobile-signup\"\/>\t&#13;<br \/>\n\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/KTAREmail-830x100-1.jpg\" height=\"100\" width=\"830\" style=\"margin: 0 auto;\" class=\"desktop-signup\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Lam Research Corporation, which supplies wafer fabrication equipment to chipmakers like TSMC, bought a 147,638 square-foot office building&hellip;\n","protected":false},"author":3,"featured_media":489671,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5131],"tags":[7155,5229,5643,1587,316,1589,7154,67,586,132,5230,68,2969],"class_list":{"0":"post-489670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-phoenix","8":"tag-92-3-ktar","9":"tag-america","10":"tag-arizona","11":"tag-az","12":"tag-home","13":"tag-phoenix","14":"tag-phoenix-and-arizona-breaking-news-and-news-headlines-home","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115831807983912845","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/489670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=489670"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/489670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/489671"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=489670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=489670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=489670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}