Specht Development
H.I.G. Provides $81M Loan for Portland-Area Industrial Asset
The borrowers recently renovated the 1 million-square-foot warehouse complex.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
Portland Industrial Property Changes Hands for $49M
Specht Development and Ares Management have teamed up on the acquisition of the nearly 1 million-square-foot facility, which currently houses grocery wholesaler and retailer SUPERVALU.
Menlo Equities Sells 239 KSF Portland Office Asset
An institutional investor purchased One Pacific Square. NW Natural recently announced plans to relocate its headquarters from the 239,000-square-foot office tower.
Specht Wraps Industrial Record-Setter in Portland
Specht Development and New York Life Real Estate Investors have teamed up to deliver the three-building, 732,824-square-foot property on more than 37 acres in Gresham, Ore.
Specht, Pacific Coast Sell Portland Airport Warehouse
Interstate Crossroads Distribution Center is fully leased by two credit tenants and sits on 28 acres. The buyer was Toronto-based WPT Industrial REIT.