The 341,000-sf complex is also home to PE Biosystems, MoversInternational and Portal Publications. NSI, the nation's thirdlargest custom envelope manufacturer, will use the facility as theregional office of its subsidiary Atlantic Envelope Co.

According to John Greer, Opus West senior vice president, theproperty's quick lease-up reflects the high level of absorptionoccurring in the East Bay industrial market. He says vacancy ratesfor distribution space in Hayward hover around 3%.

BT Commercial represented the lessee. CB Richard Ellisrepresented the lessor.

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