Address Total SF/​Office SF Rate/Cost Description
I-5 Logistics Center East
S. Evergreen Rd
Woodburn, Oregon 97026
 513,193 Call for rates

The I-5 Logistics Center East is located in Woodburn, Oregon. The property is zoned and well suited for a variety of industrial uses, including warehouse, distribution center, and manufacturing, and also qualifies for the State of Oregon “Strategic Investment Program” offering up to a 15-year tax abatement for qualifying projects due to its rural designation. In addition, the site may be designated as an “Enterprise Zone” and is in a federally recognized “Opportunity Zone” which offers other potential tax benefits for investors.
I-5 Logistics Center East
S. Evergreen Rd
Woodburn, Oregon 97026
Ridgefield Industrial Center
S. 5th Street & S. Union Ridge Parkway
Union Ridge, Washington 98642

Specht has entered a joint-venture partnership with an affiliate of DWS/RREEF to develop the Ridgefield Industrial Center, a single 468,793 SF industrial building on 50.02 acres in the Union Ridge Business Park in Ridgefield, WA. The joint venture closed on its acquisition of the land and commenced construction in August, 2021. The project is expected to be completed in August, 2022.
Gresham Vista Business Park, Lot 5
NE 242nd & NE Stark Street
Gresham, Oregon 97030

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”). The GV5 site is approximately 48-acres in size and was one of the Port’s largest parcels of undeveloped land, which is a critical site for the advancement of the region’s economic future.
Myers Container
495 N. Holladay St.
Cornelius, Oregon 97113

The Myers Container Project involved the acquisition and improvement of an existing 181,262 SF industrial building and associated yard area. The property is located on approximately 15.41 acres at 495 N. Holliday St., in Cornelius, Oregon, a submarket of the Portland Metropolitan area. 495 LLC sold its ownership interest in December of 2022. Specht Properties, Inc. is the property manager.
224 Logistics Park
6433 SE Lake Road
Milwaukie, Oregon 97222
Portside Logistics Park
2600 NW Lower River Road
Vancouver, Washington 98660
DMH Manufacturing, Inc.
3802 24th Avenue
Forest Grove, Oregon 97116

Specht Development was hired as the project manager for the expansion of DMH’s headquarters in Forest Grove, Oregon.
Vista Logistics Park
32-198 SE 223rd Ave
Gresham, Oregon 97030
Interstate Crossroads Distribution Center
16441 NE Cameron Blvd
Portland, Oregon 97230
 263,413 / BTS Office $.44 /.85

Portland's largest state-of-the-art distribution center, Interstate Crossroads Distribution Center, features a combination of building size, quality, flexibility and location unmatched in Portland. This property provides excellent access to Portland's air, freeway, rail and marine systems.