The term of the lease is 10 years, with 3% annual rentincreases. Cushman & Wakefield brokers handled both sides ofthe transaction, with Andrew Harnish representing Pentagon and TonyReser and Ben Peterson representing James property Investments. Thebuilding will be Pentagon's fifth such facility nationally, andwill serve chipmakers in the greater Pacific Northwest and RockyMountain regions, including local producers LSI Logic,Hewlett-Packard and Fujitsu.

The early development schedule has the facility fullyoperational during May of 2001. It will provide "end-to-end" partscleaning and re-conditioning services, utilizing defect reductiontechnologies perfected by Chemetal Inc., Thermal Coatings Inc. andSupport Systems Inc., all acquired by Pentagon during 1999 - 2000.Pentagon itself was a wholly owned by publicly-traded MPWIndustrial Services Group Inc. until July of this year, when MPWsold a 77.7% interest to Baird Capital Partners of Chicago.