ELIZABETH, N.J. — AMB Property Corp. and Portview Properties have completed phase I of the redevelopment of AMB Portview Commerce Center in Elizabeth. Phase I included the redevelopment of a 144,000-square-foot distribution center. Phase II will comprise 215,000 square feet across two facilities. Redevelopment of phase II is set to begin first quarter 2009 with completion slated by fourth quarter 2009. WW Grainger has signed a 25,000-square-foot lease in the first building. Colliers Houston is the exclusive leasing agent for the site.