Scannell Properties announced today that it purchased 18 acres at 14241 Duval Road, near Jacksonville International Airport, to develop two industrial warehouse distribution facilities. It closed on the vacant property Dec. 20 for almost $1.63 million. The seller was the Higginbotham Land Trust.
See the story in the Jacksonville Daily Record.
Scannell founder Robert Scannell shares his insight about his company's recent announcement to expand into the European market. Indianapolis Business Journal commercial real estate reporter Mickey Schuey reports.
Scannell's Managing Director Kristopher Arviso gives his insight into today's Bisnow article that addresses the rising demand for industrial space in Dallas-Fort Worth and commercial real estate developers getting more "bang for their buck" when they decide to build outside of the city’s traditional markets.
Read Bisnow article here
Commercial Real Estate reporter Erika Morphy interviewed Bob Scannell about the company's plans to build speculative industrial facilities throughout Europe. Read the full article here.
Indianapolis-based Scannell Properties is setting up operations overseas with plans to invest in France, Germany, Italy, the Netherlands, Spain and the UK.