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Multi-market search singles out Tempe location, allows firm to grow in size and production capacity
PHOENIX, March 26, 2013 – On behalf of Boston Semi Equipment, LLC the Phoenix office of Jones Lang LaSalle has completed a 54,900-square-foot lease in Tempe, Ariz. that allows Massachusetts-based Boston Semi Equipment (BSE) to expand its local market presence and increase its production capacity.
“BSE recognized its growth potential in Phoenix and conducted an extensive multi-market search to find a location that supports this important move in the company’s history,” said Jones Lang LaSalle Executive Vice President Jim Sadler, who brokered the deal with Jones Lang LaSalle Vice Presidents Keith Lammersen and Jason Moore on behalf of BSE Group. “They have done a thorough job of researching and selecting a new home that fulfils a requirement for state-of-the-art engineering space, provides a central location for employees and offers space for expansion. We were honored to be selected to help them in this effort.”
Previously operating out of multiple Phoenix-area locations, BSE and its subsidiary, Test Advantage Hardware, LLC (Test Advantage), will locate into one industrial/office property at 1000 S. Priest Drive in Tempe. The company will occupy the entire building, which includes 6,340 square feet of office space and 48,560 square feet of engineering/industrial space. It will use the space for administrative, testing/diagnostics and warehouse/distribution for semiconductor manufacturing equipment.
“Our company has continued on a steady growth path since its founding in 2010,” said Bryan Banish, Boston Semi Equipment CEO. “Our new location increases the company’s capacity to reconfigure and refurbish equipment to support our expanding business.”
BSE is a semiconductor equipment company that provides fab tools, back end test equipment and service solutions for semiconductor manufacturers and OSATs worldwide. The company’s business strategy lowers equipment costs and gives customers flexibility with their production capacity to respond to changing business conditions.
Jones Lang LaSalle is a leader in the Phoenix commercial real estate market. Employing nearly 400 of the region’s most recognized industry experts, the firm offers office and industrial brokerage, tenant representation, facility and investment management, capital markets and development services. In 2012, the Phoenix team completed 9 million square feet in lease transactions valued at $458 million, directed $63 million in project management and currently leases and/or manages a 19.8 million-square-foot portfolio. For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center webpage.
About Boston Semi Equipment & Test AdvantageBoston Semi Equipment LLC (BSE Group) provides affordable equipment and service solutions to semiconductor manufacturers worldwide. Boston Semi Equipment and its subsidiaries partner with customers and equipment suppliers to lower equipment costs and provide options enabling customers to make their production capacity more dynamic. The company simplifies the equipment acquisition process by offering a broad range of financing solutions to its customers to facilitate the lease, rental, and purchase of new and used equipment. Learn more at www.bsegroup.com.
Test Advantage Hardware, LLC (Test Advantage), a BSE Group company, is a global supplier of new and pre-owned back end semiconductor manufacturing equipment. Test Advantage delivers cost-effective, custom-configured semiconductor ATE systems that arrive ready for production. Test Advantage, configures, rents, sells and repairs automated test equipment (ATE) used in testing semiconductors. The Company provides the semiconductor industry the technical expertise of a veteran hardware engineering team, a large inventory of ATE parts, tester components and test systems and the support of a dedicated hardware repair center. Learn more at www.testadvantage.com.
About Jones Lang LaSalleJones Lang LaSalle (NYSE: JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47 billion of assets under management. For further information, please visit www.jll.com.
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