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PORTLAND-Development is heating up again at Catellus Development Corp.’s 230-acre Southshore Corporate Park on the northeastern edge of the city, according to Grubb & Ellis’ Tom Talbot, the lead broker for the industrial park.

Alexander Moving & Storage of Tustan, CA recently acquired six acres and broke ground on a 110,000-sf distribution center two weeks ago. Next month, Frito Lay gets underway on an 80,000-sf building, and in August Catellus expects to break ground on another 183,000-sf of speculative product.

Talbot also tells GlobeSt.com he is closing in on tenants for all or part of the 85,000-sf recently vacated by Centric Corp. A deal with a 30,000-sf user is very close, says Talbot, and negotiations are moving along with tenants interested in the rest of the space.

All told, about 850,000 sf has been built and occupied at Southshore since Catellus closed on the property in July 1998. About 450,000 sf of that — including the Centric space — is owned by Catellus.

In Catellus’ buildings are Synetics Solutions (155,000 sf), Spicer Paper (90,000 sf), Danner Shoe Co. (55,000-sf), Implant Center (45,000 sf) and Recor Services (18,000 sf). In their own buildings at the park are E.J. Bartell’s Co. (110,000-sf) and Bridgestone (294,000 sf). United Parcel Service also has picked up 51 acres for a prototype distribution hub, says Talbot, but has not yet determined when it will break ground on the project.

Earlier this year, Catellus’ speculative product this year was going to be broken down into three buildings, one about 90,000 sf, a second about 72,000 sf and a third of about 55,000 sf. The current plans are for two larger buildings on 10 acres, one 95,000 sf and the other 88,000 sf, says Talbot.

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