In August of 2021, Specht Development, Inc. anticipates commencing construction on the Ridgefield Industrial Center, a single 468,793 SF industrial building on 50.02 acres in the Union Ridge Business Park in Ridgefield, WA. Specht intends to develop the project in a joint-venture structure with a to-be-named capital partner. Upon receipt of all jurisdictional entitlements, Specht […]

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In December of 2020, Specht Development, Inc. (“Specht”) executed a Master Development Agreement with the Port of Portland (“Port”), to develop Lot 5 in the Gresham Vista Business Park (“GV5”). GV5 is approximately 48-acres in size and remains one of the Port’s largest parcels of undeveloped land, which will serve as a critical site for […]

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Specht became involved with the acquisition and redevelopment of the 220 office building, located at 220 NW 2nd building in January 2018. The previous owner of the property was Pacific NW Gas, which used the building as their corporate headquarters. Major renovations to this Class A building are well underway and expected to be completed […]

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Progress on Portside Logistics Park continues to gain momentum. The wall panels of the 289,737 SF building were tilted in early November 2019. The building will have a cross-dock configuration with 51 dock positions and generous vehicle parking. This industrial park is strategically located in Vancouver, WA with excellent access to regional air, freeway, rail, […]

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Photo courtesy of Perlo Construction Following the successful lease up of Portside Industrial Park (Portside Phase I) and the sale of the Portside Phase II property to an owner/user, Specht purchased the Portside Phase III land in August 2019. Construction of a 289,737 SF building on the site has commenced. The building will have a […]

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Specht Properties, Inc. welcomes its newest tenant, Samuel, Son & Co. (USA), Inc., to Vista Logistics Park in Gresham, Oregon. The metal materials processor and distributor signed a lease with Madison-Specht Vista Logistics LLC in July for 125,624 square feet (all of Building B) in Vista Logistics Park. Tenant improvement construction has commenced and it […]

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ASB Real Estate Investments (ASB) announced today that Skanska – one of the world’s leading project development and construction groups – has leased 21,078 square feet at 1010 NW Flanders St, taking the entire fourth and fifth floors, in the heart of the upscale Pearl District of Portland, OR. ASB and partner Specht Development Inc. […]

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