Photo by Christian Columbres Specht adds to the redevelopment surge in Portland’s Pearl District with the 1010 Flanders Building — bringing more than 50,000 square-feet of available office space to local businesses. Specht embarked on the $25 million acquisition and remodeling of the historic Ballou & Wright building in early 2016. The goal was to […]

Read More

Specht Properties is pleased to announce the promotion of Toni Wheat from Accounting Manager to Controller. Having worked for Specht since 2000, Wheat is responsible for business accounting and financial recommendations relating to business development, cash management, strategic planning and operations. “Toni has excelled in her role at Specht for nearly two decades,” said Gregory […]

Read More

Specht Development, Inc. in partnership with Pacific Coast Capital Partners, LLC (PCCP), recently sold the Interstate Crossroads Distribution Center (ICDC) — a state-of-the-art warehouse and distribution center located within Portland’s Airport Way industrial submarket located at 16441 NE Cameron Boulevard. JLL’s Capital Markets experts represented Interstate Crossroads, LLC, the partnership between Specht and PCCP. The […]

Read More

Specht Development, Inc. hosted the NAIOP Social Hour event on June 28, 2017 at the historic 1010 Flanders building in the Pearl District of Portland, Oregon. The event coincided with the completion of the core and shell improvements in the building. There were approximately 150 real estate industry attendees at the event. It was a […]

Read More

We are happy to congratulate Portland-based law firm, Stoel Rives, for recently winning an award at the 23rd annual Daily Journal of Commerce (DJC) TopProjects competition! Their newly refurbished office space in the Park Avenue West Tower building won first place in Tenant Improvement. Specht Development, Inc. was honored to have been involved in this […]

Read More

The tenant improvement construction for Staples Contract & Commercial, Inc. at the Interstate Crossroads Distribution Center is well underway and remains on schedule, with an expected completion date of early June, 2017. The buildout was designed and permitted by Mildren Design Group and is being constructed by Perlo Construction. The project includes warehouse lighting, dock […]

Read More

Specht Development was hired as the project manager for the expansion of DMH’s headquarters in Forest Grove, Oregon. DMH, Inc., a cabinet manufacturer, is upgrading their production facility by connecting three existing small buildings under one new continuous roof.  Construction of the new building, approximately 40,000 sf, is in progress while DMH maintains their current production […]

Read More

Specht Development announces a new lease with Staples Contract & Commercial, Inc. (Staples). The office product supply company has leased 263,413 square-feet of the Interstate Crossroads Distribution Center (ICDC) — a state-of-the-art warehouse and distribution center that was developed in 2015 by Interstate Crossroads, LLC (a partnership between Specht affiliates and Pacific Coast Capital Partners, LLC) and […]

Read More

On February 15, 2017, OnTrac took possession of 163,328 SF in the Portside Industrial Park located in Vancouver, WA. OnTrac, a regional parcel carrier, leased the space from GRE Portside LLC, a joint venture between Specht Development, Inc. and Guggenheim Partners. The Portside Industrial Park is a state-of-the-art industrial space designed to serve industrial, manufacturing […]

Read More

Specht Development, Inc. hosted a broker open house and catered lunch on January 10, 2017 at the recently completed Phase I of the Portside Industrial Park totaling 352,560 sf in two buildings. 162,240 sf of the space has been preleased to OnTrac. Stu Peterson and Joe Curran of Macadam Forbes presented information on the development’s […]

Read More