Portland Industrial Owner LLC – a joint venture sponsored by Specht Development, Inc. recently sold 224 Logistics Park Building, a highly-functional distribution building totaling 829,087 SF in Portland, OR. The Property features 123 dock high doors, heavy power, and extensive state-of-the-art improvements including 18,406 SF of cooler space and 11,073 SF of freezer space. The property is 100% leased to 5 highly committed tenants.

National Partners and Don Ossey of Capacity Commercial Group served as brokers for the sale to CIRE Equity.