August 17, 2011 – Freescale Semiconductor, through property brokerage house ATREG/Colliers, has finally divested its 800,000 sq. ft facility in East Kilbride, Scotland, three years after putting it on the market. (In December 2010 the companies already unloaded FSCL’s other Scottish property, an uncompleted site in Dunfermline, to an offshore/marine services firm.) Edinburgh-based property developer Clowes Developments will acquire the facility, with FSCL leasing back 70,000 sq. ft of office space for R&D, applications engineering, systems architecture, and product engineering.
The deal is said to be one of the largest-size deals in the region for several years. Financial terms were not disclosed, but local reports suggest it was "several million pounds."
[updated 8/19] Freescale’s 20-year-old East Kilbride plant, which had focused on automotive semiconductors and power devices for networking/comm, initially was put up for sale in 2007 as an intact fab, with a 0.35