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 is anticipated that Samuel, Son & Co. will take occupancy in late October 2019.
Vista Logistics Park is the largest single-phase speculative industrial development in Portland’s history, with a total of 733,232 SF on 37.42 acres. The project, which is in Gresham’s Enterprise and Foreign Trade zones, is equipped with an ESFR fire suppression system, LED lighting inside and out, heavy power accessibility, ample dock doors, trailer parking, and a clear height of up to 36 feet. There is still 196,963 SF available for lease, divisible down to approximately 98,481 SF.
Samuel, Son & Co. was represented by Scott Murphy of Kidder Mathews and David Woodiwiss of Colliers International. Madison-Specht Vista Logistics LLC was represented by Don Ossey, Dave Ellis and Tom Knecht of Capacity Commercial Group.