Latest News

October 10, 2017
Legacy West

Graham Commercial Properties (GCP) has bought a Charlotte-based industrial park called Legacy West Industrial Park from Scannell Properties for $34 million.  

October 03, 2017

Meyer Distributing will be the lead tenant in the 83,000 square foot (sf) first phase of an office-warehouse development in Newport, Minnesota.

An automotive distribution company, Meyer will occupy 36,000 sf in the Raceway Business Center, currently under construction at 910 Hastings Avenue in Newport.

Daniel Madrigal of Scannell Properties and Executive Director Tom Sullivan and Senior Associate Peter Fooshe of Cushman & Wakefield and negotiated the lease with Meyer.

September 13, 2017

Two of the world’s favorite delicacies will be distributed in Appleton, Wisconsin - the site of a new distribution center for Nestle Dreyer’s Ice Cream Company and Nestle Pizza products. Scannell Properties has recently completed the 308,936 square-foot 20 below freezer/cooler facility for the pizza and ice cream storage as well as an additional 14,961 square-feet of office space.

July 31, 2017

A new 97,000 square-foot warehouse at the Triangle Business Center (TBC) Industrial Park in Durham, North Carolina, will be the manufacturing and research/development hub to Lifestar Pharma, a pharmaceutical supply chain and subsidiary of Mankind Pharma Limited, one of the top 5 leading pharmaceutical companies of India. Lifestar focuses on developing and marketing affordable, high quality, multi-source specialty pharmaceuticals for the US market.

Scannell Properties sold the building for $7.8M in August.

January 27, 2017
Scannell Properties took first place in Top Warehouse Lease for a multiyear industrial lease deal worth $28.2 million for a new 258,060-square-foot, build-to-suit structure that will house PowerSecure - a company that offers energy technologies and services for utilities and their large customers. The building is housed in the Triangle Business Center, in Durham, NC.