TSMC: The Leading Master Tenant for a Second Apartment Complex

TSMC: The Leading Master Tenant for a Second Apartment Complex

Taiwan Semiconductor Manufacturing Co. (TSMC) prioritizes the well-being of its employees and has taken measures to ensure they have access to suitable housing. According to the Phoenix Business Journal, TSMC recently acquired a 325-unit apartment complex called Sentio for $108 million and is now its “master tenant.” This newly built complex is currently fully occupied.

In addition, TSMC’s $40 billion campus, set to open in 2025, will include a fabrication shop (fab). The company had previously purchased another nearby apartment complex for $80 million. Together, these two complexes offer a total of 617 units. Furthermore, there are six build-to-rent communities being constructed within a short drive from the campus.

At full capacity in 2025, TSMC’s campus is expected to provide employment opportunities for over 4

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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