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Colliers’ Virginia Office Facilitates $360M Sale of Manufacturing Site in Taiwan
Colliers advised The Chemours Company on the sale of its industrial site at its former titanium dioxide manufacturing facility in Taiwan for $360 million.
The transaction includes ten contiguous lots spanning across 67.83 acres. The transaction represents the largest single industrial land transaction in Northern Taiwan in the past 20 years, ranking among the highest ever recorded for industrial raw land in the region.
The deal was closed through a collaboration between Colliers’ Taiwan Occupier Services, Capital Markets, and the U.S. team. Tom Vozenilek, Executive Vice President, and Zach Roski, Senior Vice President, of Colliers’ Virginia office, partnered with Man Chan, Derek Huang, Jason Huang and Maggie Chu of Colliers’ Taiwan office to represent the seller, The Chemours Company. The buyer is Century Group.
Situated within Guanyin Industrial Park, the property is near major transportation routes and Taoyuan International Airport. “This landmark deal sets a new benchmark for the market and further reinforces Colliers’ position as a trusted advisor delivering exceptional results,” said Vozenilek.
