Specht has been under contract since 2019 as a construction consultant for the Cowlitz Indian Tribe in Ridgefield, Washington. Throughout the various development and construction phases, tribal leaders were incredibly thoughtful about expanding their resort & casino operations on the Ridgefield reservation in a meaningful yet dynamic manner. Specht was involved on many different levels […]
In June 2022, Saatva (https://www.saatva.com/about-us), a mattress company, leased 5,222 square feet on the ground floor of the 1010 Flanders building for use as a retail showroom. The building permit for the tenant improvement is currently in process with the City of Portland, and the store opening is estimated to occur in February 2023. Skanska […]
This construction photo of the Ridgefield Industrial Center shows a wall panel tilted into its vertical position where it forms the external structure of the building.
Construction of Specht Development’s Ridgefield Industrial Center in Ridgefield, Washington is progressing steadily. The project is a single, state-of-the-art, 468,793 SF industrial building with 36’ clear heights. Completion is expected in August 2022. Mackenzie is the architect, with Perlo Construction serving as the general contractor.
In October 2021, Portland Industrial Owner LLC (an affiliate of Specht Development, Inc.) signed a lease with Heritage Specialty Foods for 132,397 SF at the 224 Logistics Park in Milwaukie, Oregon. The lease will commence on January 1, 2022 and Heritage hopes to be fully operational by June 1, 2022. The project represents a consolidation […]
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 […]
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 […]
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 […]
Aerial photo courtesy of Perlo Construction With the landscaping in and the parking lot paved, this light industrial building in Vancouver, WA is about ready for occupancy.
Photo courtesy of Perlo Construction In addition to significant progress on the roof last week, the building was painted, landscaping started and over half of the parking area was paved.
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