Scannell Properties

We're taking a moment to appreciate our associates celebrating work anniversaries this month. Your talent and commitment are invaluable to us! Help us congratulate them with your 'Likes' and 'Shares'. #WorkAnniversary

Scannell Properties footprint in the Kansas City market continues to expand, and to help manage the developments, we’ve added Tyler Wysong, P.E as development manager for our Kansas City office. Tyler brings over a decade of civil engineering experience as a professional engineer, project manager and office leader. Welcome Tyler! Scannell Properties is one of the most active industrial developers in the Kansas City market with nearly 2.5 million SF of development projects currently underway in the region. https://lnkd.in/gXThXYE7

We had an great time hosting the Purdue Real Estate Society last week! The day kicked off with a tour of our Sylo project in Zionsville, where students gained valuable insights from our Multifamily team and Shiel Sexton. We then hosted a panel featuring Purdue alumni, who shared their expertise on everything from industrial real estate to career development and the future of the commercial real estate industry.   Thanks to everyone who joined us – we hope you had as much fun as we did!

Last week, Angie Wethington moderated an insightful developer panel at NAIOP Indiana, Inc. inaugural State of the Market. The event was an in-depth analysis of Indiana's commercial real estate landscape, as well as a macroeconomics update.

This Veterans Day, we honor those who have served with bravery and integrity. A heartfelt thank you to our very own veterans at Scannell Properties: Tim Meador, Sara Stone, Rob Cseresznyes, Jay Tanjuan, CCIM, Kelly Olson Verduzco and Nate Hensley. We salute you!

Last week, with local and state leaders including Governor Ivey, we broke ground on RailPort Logistics Mobile, a 500+-acre, 4.7 million SF, 10 building industrial park located near the Port of Mobile, several highways and the CSX rail line. This massive development meets a rigorous list of criteria and has earned Platinum CSX Select Site designation, which will speed development. Read more at https://bit.ly/3CtXUnR

Our latest client case study from Scannell Properties España showcases another brownfield success story in Spain. We transformed a disused site into 12,000 square meters of modern and sustainable warehouse space with BREEAM Excellent certification. Logistic Park Montornés, let on completion to Grupo Transaher, will support the logistics operator's continued growth and provide space in a strategic location close to its existing cross-docking platform. We extend our thanks to all involved in another successful project completion, Scannell's third in 3 years in the complex Barcelona market. #development #warehouses #buildingsolutionsthatmatter

“I like where we’re heading. It’s a slower economy. There’s cheaper debt and a decrease in construction costs. This all puts the market in better position for new development in 2025. Competition for new deals with banks is going to heat up. Pressure will be on banks to make money through lending. This will be very positive for the market.” Learn more from Ralph Shiley, Scannell’s chief investment officer, in the latest installment of Under Development with Scannell Properties. Listen on all your favorite podcast listening platforms like: Spotify: https://spoti.fi/3Kgjk8i Apple Podcasts: https://apple.co/3meAriL Deezer: https://bit.ly/3zzHlm0 Amazon: https://amzn.to/3KvUSBb Angie Wethington

Our team recently participated in the 2024 Susan G. Komen MORE THAN PINK Walk Where You Are event and has been raising money which will fund research to discover more effective treatments, as well as vital patient support to help connect people with things like breast cancer education & information, emotional support, patient navigation, financial assistance and so much more. To learn more, visit: https://lnkd.in/gdJZdNBt

We were proud to support the Zionsville Parks Foundation at its first fundraising breakfast, Parks & Pastries, last week at Zionsville Town Hall. The event honored community contributions to parks and green spaces with Mayor Stehr and Q&A with The Patachou Foundation founder Martha Hoover.