Fuji Photo Film Takes 27,000 SF at Southshore

PORTLAND-Fuji Photo Film USA has leased 27,000-sf of shell space at Catellus Development’s 230-acre Southshore Corporate Park for a film processing center. Fuji leased the shell space for five years at the going rate of around 36 cents per sf per month and now is engaged in a multi-million build out.

Ted Nicholson and Marty Horeis of CB Richard Ellis represented Fuji in the deal. Tom Talbot and Steve Barragar of Grubb & Ellis represented building owner Catellus Development Corp. Neither would comment on the deal, citing non-disclosure agreements. Fuji’s Tom Shay, who is in town overseeing the tenant improvements, deferred inquiries to a public relations person in New York who was not immediately available. As a result, it’s unclear when the company hopes to be up and running at the facility.

Fuji is believed to be backfilling part of the 85,000-sf recently vacated by Centric Corp. Other current corporate projects include Frito Lay, which is underway on an 80,000-sf building, and Alexander Moving & Storage of Tustan, CA, which recently broke ground on a 110,000-sf distribution center.