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Virginia investor is latest to buy into Arizona's manufacturing hotbed

Taicoon acquisition could complement TSMC growth in Phoenix
Developers have flocked to north Phoenix to strategically acquire land around Taiwan Semiconductor Manufacturing Co.'s massive chipmaking plant. Taicoon Property Partners is the last example, scooping up more than 350 acres within the expanding corridor. (Ron Davis/CoStar News)
Developers have flocked to north Phoenix to strategically acquire land around Taiwan Semiconductor Manufacturing Co.'s massive chipmaking plant. Taicoon Property Partners is the last example, scooping up more than 350 acres within the expanding corridor. (Ron Davis/CoStar News)
CoStar News
July 9, 2026 | 9:07 P.M.

Taicoon Property Partners is the latest investor looking to capitalize on Arizona's chipmaking and advanced manufacturing boom.

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