Formed Specht Development in 1992
Greg Specht’s entire professional career has been in real estate development and construction. He received his Bachelor’s degree in Business Administration with an emphasis in finance, in 1973. His early real estate projects included development of single and multifamily dwellings, subdivision development, various federally funded housing programs, and low and moderate income rehabilitation projects in the core area of downtown Portland, Oregon.
In 1986, Greg joined Scherzer-Moore Partners as Vice President of Acquisition and Development. As the firm grew, he was promoted to Senior Vice President and in 1988 to President of Scherzer Partners, Inc. In 1990, Greg resigned from Scherzer to form Specht Properties and Specht Development. At that time, Specht became the general partner of three industrial and office projects developed in partnership with the National Electrical Benefit Fund, based in Washington, D.C. As a commercial developer, he has been responsible for developing or providing project and construction management on 12 million square feet of commercial and industrial real estate in Oregon and Washington, with a cost basis of over $1 billion.