Industrial development in the region slows after recent boom
Industrial development in the Pacific Northwest has slowed as vacancies rise and developers prioritize projects with clear tenant demand, according to Cushman & Wakefield.
Specht sells truck facility for $10.45 million
Specht Development Inc. has sold an 11-acre truck maintenance facility in Milwaukie to a Philadelphia-based real estate investment firm for $10.45 million.
Building Blocks: Skanska USA Building’s Portland office
Skanska USA Building performed its own 17,243-square-foot tenant improvement on the fourth and fifth floors of the 1010 Flanders Building.
Development deal reached for metro-area property
Specht Development and Colas Development Group are teaming up to develop a 48-acre section of the Gresham Vista Business Park.
Gresham industrial park sells for $93 Million
Vista Logistics Park, a three-building industrial asset in Gresham, has sold for $93.25 million in a high-water mark for the Portland metro area’s industrial sector.
Revving up renovations to tempt tenants
Office repositioning projects are not new, but multiple factors have led to building owners pursuing a rush of renovations in Portland.
Milwaukie industrial facility sells for $48.5M
Ares Real Estate Group and Specht Development Inc. have jointly acquired 62 acres of industrial property in Milwaukie for $48.5 million.
Firm leases sizable Gresham industrial space
Medline Industries Inc. has agreed to lease 297,501 square feet at the newly constructed Vista Logistics Park in Gresham.
Upgrades ahead for downtown Portland tower
An Old Town Chinatown office tower will get an update now that an institutional investor has purchased it.
Amazon putting its stamp on Portland
Amazon, one of the nation’s largest companies, is increasingly making its presence felt in the Portland area with a major industrial footprint and intriguing moves in the office and retail markets.
Airport industrial property sells for $56 million
Specht Development has sold a 492,554-square-foot industrial development for $56 million.
Public comment period extended for project
The design for a new six-story, mixed-use building at the corner of Northwest 13th Avenue and Glisan Street in Portland will have to wait at least three more weeks to potentially gain the Historic Landmarks Commission’s approval.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
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