Right-sizing streamlines Tempe, Arizona company’s continued support of the semiconductor industry
PHOENIX, (May 23, 2024) – JLL announced today the completion of a building sale and new office lease that relocates the global headquarters of Amtech Systems Inc. (“Amtech”) (NASDAQ: ASYS) into contemporary new office space within the Rio2100 mixed-use development in Tempe, Arizona.
Amtech has operated its global headquarters in Tempe for more than 30 years, previously occupying a 14,720-square-foot flex industrial building 131 S. Clark Dr. Its new lease moves Amtech into a 6,388-square-foot contemporary office suite at 58 S. River Dr., in the Rio2100 Phase V office building.
Amtech manufactures thermal processing, wafer cleaning, and chemical mechanical polishing (CMP) capital equipment and related consumables for semiconductor, advanced mobility, and renewable energy manufacturing applications.
Managing Directors Keith Lammersen and John Pierson from the Phoenix office of JLL represented Amtech in its Clark Drive building sale and its new Rio2100 lease. In the new Amtech lease, Bryan Taute and Will Mask of CBRE represented Rio2100 owner and developer, The Boyer Company.
“Amtech’s relocation allows it to retain a Tempe presence while right-sizing out of outmoded and underutilized building space, and into modern accommodations that support its current and future needs,” said Lammersen. “It also gives Amtech a stellar new location, surrounded by amenities that will help it attract and retain top talent in today’s competitive hiring environment.”
Rio2100 Phase V totals four stories and 180,000 square feet. It is located within the 60-acre Rio2100 mixed-use development, which includes five office buildings, The Cameron luxury multifamily complex, and a Hilton Garden Inn and Homewood Suites hotel.
The project is located at the junction of the Loop 101 and 202 freeways, adjacent to the 1.3 million-square-foot Tempe Marketplace.
In Phoenix, JLL is a market leader employing more than 550 of the region’s most recognized industry experts offering office, industrial, retail, healthcare and data center brokerage, tenant representation, facility and investment management, capital markets, multifamily investments and development services, and related services within the real estate leasing, investment and management process. In 2023, the Phoenix team completed more than 120 million square feet in lease and sale transactions, with a total transaction volume of more than $1.1 billion, and directed $67 million in project management across 63 projects.