|Future site of Apple's Sapphire Glass Manufacturing Facility|
An additional 129-acre second-phase parcel was leased from DMB with plans for a similar facility. In 2012 the subject building was constructed- featuring 1,341,492 SF of improvements per assessor calculation on an 83.17-acre site. First Solar had intended to use the facility to manufacture cadmium telluride photo-voltaic modules, but the site was never commissioned for manufacture and was instead used for operations, maintenance, & inventory. Financial filings indicate First Solar realized an $56.6M asset impairment for the Mesa facility in its third quarter filing with the SEC.
On October 3rd 2013, First Solar entered a purchase agreement to sell its Mesa assets and later split the 133 acre first phase parcel into a 50-acre land portion and 83 acre factory site. VIZZDA reported on October 8th, 2013 that Coolidge, Arizona-based Bright International acquired the 50 acre land parcel at $1.60 PSF. The buyer for the 1.3m+ SF building is Platypus Development LLC- which although no direct entity linkage is made to Apple Corporate—all correspondence relating to the sale is in care of Phoenix, AZ-based law firm, Greenburg Traurig—an announcement made by Arizona’s Governor confirms the purchase.