PolyVision, an international manufacturer and installer of visual communications and related products for the educational, office and corporate markets that is moving from PacTrust's Oregon Business Park, signed five-year deal worth $1.4 million for 50,000 sf. The deal includes 7,000 sf of office space and 43,000 sf of manufacturing and distribution space. Scott MacLean of Norris Beggs & Simpson represented the tenant. The leasing agents for the center are Cliff Finnell, Dave Squire and Brad Fletcher of Grubb & Ellis.

Add in last year's 90,000 sf deal with cameraworld.com brought by G&E's Steve Marcy -- for 57,000 sf of warehouse space and 33,000 sf of second-floor office -- and there remains about 57,000 sf of office upstairs and a 60,000-sf automated pallet-racking warehouse with 60-foot high ceilings. The rate on the pallet-racking warehouse is negotiable, says Finnell, while the office space, based on tenant improvement, will run between 85 cents and 95 cents per square foot per month, triple net.

"It's a funky building; it's a single-tenant user building that we have retrofitted," Finnell tells GlobeSt. "But now we've done some major remodeling, from landscaping to new elevators to a new lobby, and it's a fully-functioning multi-tenant flex building."

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