SALEM, OR-Two Japanese companies are apparently negotiating forthe development of manufacturing facilities in the region in 2002,one in Portland and another in Salem. Oregon Gov. John Kitzhaber,back this week from a trade mission to Asia, says he can 't revealany details other than one would manufacture sports equipment inthe Portland area and the other wants to produce printer componentsin Salem.

It's that kind of ongoing interest in the market that, asreported in a few months ago, has San Francisco-basedCatellus and developing 180,000-sf of speculative industrial spaceat Southshore Corporate Park on the Northeastern edge of Portland'scity limits.

In August, Fuji Photo Film USA backfilled 27,000-sf of shellspace at Southshore recently vacated by Centric Corp. Fuji leasedthe shell space for five years at the going rate of around 36 centsper sf per month and now is engaged in a multi-million build out.Ted Nicholson and Marty Horeis of CB Richard Ellis represented Fujiin the deal. Tom Talbot and Steve Barragar of Grubb & Ellisrepresented building owner Catellus Development Corp.

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