NEQ - Hwy. 289 & Elliott Rd, Sherman, TX 75092

Listing agent Sonya Rafie License #0330549

Listing office Sonya Realty Show Phone

Listing date Jul 21, 2023

Source Crexi

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Overview

This property is situated in an area experiencing substantial industrial development. A company has committed to constructing four 300-millimeter semiconductor wafer fabrication plants, a project expected to generate 3,000 new jobs and potentially billions in investments. The first facility is anticipated to be completed in 2025. Another company will establish a state-of-the-art 300-millimeter silicon wafer factory, creating 1,500 new jobs. Construction of this facility, the first of its kind built in the U.S. in over 20 years, is expected to begin later this year, with production anticipated as early as 2025. The location was selected based on local and state incentives, ample resources, and established business relationships. There are prospects of developing the city into a complete semiconductor ecosystem.

Map

City

Sherman

County

Grayson

State

Texas

Longitude

-96.6331

Latitude

33.6274

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FAQs

What type of property is this?

Industrial land - Land in Sherman, TX, poised for significant industrial growth.

Where is this industrial land located?

The property is located at NEQ - Hwy. 289 & Elliott Rd Sherman, TX.

What are key features of this property?

This property features: Significant job creation: Thousands of new jobs coming to Sherman, TX.; Major economic investment: Billions of dollars are being invested in the area.; Strategic location: Sherman is becoming a key part of the solution to the global chip shortage.