Kidder Mathews Secures 151,451 SF Warehouse Lease for Marketech International Corporation in Phoenix's Deer Valley

Marketech International Corporation has finalized a lease for a 151,451-square-foot warehouse facility at 950 West Rose Garden Lane in Phoenix's Deer Valley submarket, with Kidder Mathews representing the tenant in the transaction, the firm announced Aug. 3.

Kidder Mathews Executive Vice Presidents Mike Ciosek and Eric Bell represented Marketech International Corporation, known as MIC, a Taiwan-based technical service provider to semiconductor fabrication facilities. The lease is tied to MIC's continued support of TSMC's Phoenix operations.

Deal Details and Property

The industrial property at 950 West Rose Garden Lane sits within Phoenix's Deer Valley submarket, one of the metro area's more established and supply-constrained industrial corridors. The 151,451-square-foot facility is classified as a warehouse and distribution property. Lease term, rental rate, and landlord were not disclosed in the announcement.

MIC's use of the space centers on servicing and supporting TSMC's Phoenix fabs, with the warehouse expected to accommodate staging and storage of high-value equipment and components, pre-assembly and testing operations, and rapid-response service capabilities aligned with the tight uptime requirements of advanced semiconductor manufacturing.

TSMC Ecosystem Driving Industrial Demand

The lease reflects a broader pattern of semiconductor supply-chain firms establishing physical footprints near TSMC's multi-billion-dollar Arizona fabrication investment. TSMC has committed substantial capital to multiple fabs in north Phoenix, with construction and ramp-up timelines spanning years and long-run employment projections that underpin sustained demand for adjacent industrial space.

Technical service providers such as MIC require large, flexible warehouse and technical space in close proximity to the fabs they support. The operational demands of semiconductor manufacturing — including tool maintenance, spare parts logistics, and specialty systems management — make near-fab industrial space a functional necessity rather than a convenience. Fabs operate on multi-decade cycles, a dynamic that supports long-term tenancy and provides industrial landlords with a durable demand base.

Phoenix has emerged as a hub not only for semiconductor fabrication but for the broader ecosystem of tool manufacturers, specialty contractors, cleanroom engineers, and logistics operators that support fab operations. MIC's Deer Valley lease is consistent with that trend.

Deer Valley Submarket Context

Deer Valley is among Phoenix's tighter industrial submarkets, particularly for large-block availabilities of 50,000 square feet and above. The submarket's proximity to Interstate 17 and Loop 101, combined with established corporate users and constrained greenfield development opportunities, has historically kept vacancy lower than in more peripheral corridors such as Buckeye or Goodyear.

Phoenix's industrial market overall has been one of the more active in the country in recent years, driven initially by e-commerce and third-party logistics demand and more recently by advanced manufacturing and data center requirements. While speculative deliveries across the metro have pushed vacancy higher in some corridors, Deer Valley's limited new supply pipeline means a 151,000-plus-square-foot lease meaningfully affects the submarket's availability metrics.

Modern warehouse space in Deer Valley typically commands a premium over older inventory in more peripheral locations, reflecting the submarket's infill characteristics and access to established labor pools and transportation infrastructure.

About the Firms

Kidder Mathews is one of the largest independent commercial real estate firms on the West Coast, with an active industrial brokerage presence in Phoenix and other western markets.

Marketech International Corporation is a Taiwan-based technology service provider with expertise in process tools, ultra-pure systems, cleanroom engineering, and facility services for semiconductor fabrication clients.

Sources

• Kidder Mathews — Marketech International Corporation Secures 151,451 SF Warehouse in Deer Valley