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Specht Development

May 22, 2026

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.

Sep 18, 2024

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.

Jan 21, 2021

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.

Nov 13, 2020

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.

Dec 6, 2019

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.

Mar 28, 2019

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.

Nov 9, 2018

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.

Sep 14, 2018

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.

Jan 22, 2018

Upgrades ahead for downtown Portland tower

An Old Town Chinatown office tower will get an update now that an institutional investor has purchased it.

Oct 27, 2017

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.

Jul 24, 2017

Airport industrial property sells for $56 million

Specht Development has sold a 492,554-square-foot industrial development for $56 million.

Feb 28, 2017

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.



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