Business Commercial Property

Friday 23 March 2018

ON Semiconductor complete fit-out

On Semiconductor have taken occupation of their new offices at The Loughmore Centre at Raheen Business Park in Limerick.

The company recently purchased Block C and D of the scheme, comprising about 2,100sqm (22,600 sq ft), and have now completed their office fit-out.

The company declined to comment but the asking price is believed to have equated to €70 per sq ft for the properties which were in shell and core condition.

The park is located about 4km south-east of Limerick and is convenient to the city's ring road and the Limerick-to-Cork motorway.

Paul Finucane of Colliers International advised On Semiconductor on the purchase while John Buckley in DTZ represented the receivers Deloitte.

Irish Independent

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