Opus Addressing Industrial Space Demand Near Taiwan Semiconductor Manufacturing Co. in North Phoenix

Opus is expanding its industrial offering in the greater Phoenix area with Deer Valley 30, a state-of-the-art speculative development near the Taiwan Semiconductor Manufacturing Co.'s (TSMC) new chip fabrication plant. The three-building development on 30 acres at 1300 West Alameda Road in north Phoenix is a prime site for TSMC suppliers.

Arizona recently reinforced its commitment to attracting high-tech, semiconductor and electric vehicle manufacturers and suppliers to the state by passing the CHIPS Act. In response, demand for distribution and manufacturing facilities to support this growth has skyrocketed.

Deer Valley 30 is situated near the Phoenix Deer Valley Airport and has easy access to I-17 and the 101 and 303 loops. The three buildings at Deer Valley 30 will total 356,000 square feet.

The first building is 106,000 square feet and features:

  • 32-foot clear height
  • 25 dock doors
  • up to 133 auto parking stalls
 The second building of 184,000 square feet has:

  • 32-foot clear height
  • 46 dock doors
  • up to 210 auto parking stalls​
The third building of 66,000 square feet features:

  • 28-foot clear height
  • 8 dock doors
  • up to 89 auto parking stalls 

Deer Valley 30 is slated for completion in February 2024. It is a joint venture between Opus and Principal Real Estate Investors.