John Gillie at The News Tribune has done an excellent job of recounting the Microchip Technology campus' past, present, and hopeful future.
"...the city got new hope last Monday. A Seattle company bought the property, bringing the promise of a new formula to put the sophisticated, expensive cluster of buildings and its parklike surrounding acreage into productive use once again. That plan contemplates dividing the plant into several stand-alone buildings and selling or leasing them to separate high-tech companies.
That new owner, the well-known real estate firm Benaroya Cos., bought the campus with its seven buildings and 710,000 square feet of manufacturing and office space for $30 million, a big discount from Microchip Technology’s asking price of some $93 million. The company had bought the complex from Matsushita of Japan in 2000 for $80 million."
Check out the rest of the article here.
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