Specht Welcomes Saatva to 1010 Flanders
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 USA Building Inc. and Verizon are the other two tenants in the 50,000 sf building.
The 1010 Flanders building constructed in 1922, located in the historic Pearl District, offers historical charm with 11- to 14-foot-high ceilings, vaulted ceilings, exposed duct work & timber beams, and a new lobby. The building location provides convenient access to TriMet MAX, bus lines and Portland Streetcar.
Specht Development, Inc. managed the $10 million remodel project to convert the building into Class A creative office space. Specht Properties, Inc. manages the property.