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Scannell Properties Breaks Ground on 479 KSF Oregon Project

November 5, 2023
in Real Estate
Reading Time: 2 mins read
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Scannell Properties Breaks Ground on 479 KSF Oregon Project

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The new Gensco facility will feature concrete tilt walls with a steel roof structure. Image courtesy of Scannell Properties

The brand new Gensco facility will function concrete tilt partitions with a metal roof construction. Picture courtesy of Scannell Properties

Scannell Properties has damaged floor on a 479,000-square-foot distribution and manufacturing facility on the Scannell Logistics Park in Salem, Ore. Completion is slated for Spring 2025. Developed on behalf of Gensco Inc., the constructing will mark the second built-to-suit mission on the location.

Mackezie designed the asset, whereas Perlo Development serves as basic contractor. The only-story 399,000-square-foot constructing will incorporate 306,000 sq. toes of storage and distribution, 93,000 sq. toes of producing, 6,400 sq. toes of workplace area on the north and south ends and 68,000 sq. toes of storage.

Gensco’s facility will rise at 4710 Mill Creek Drive S.E. Scannell estimates that the event will generate roughly 450 jobs and extra financial influence within the area. The ability is close to Interstate 5, which offers direct entry to downtown Portland.

In March, just a few months after finishing Airport Distribution Middle in West Columbia, S.C., Scannell bought the 247,000-square-foot industrial property. Cooperative Electrical Power Utility Provide Inc. bought it, with the whole funding in estimated at round $52 million.

A number of months later, Scannell signed a 234,000-square-foot lease with NVH Korea at Gardner Logistics Park in Locust Grove, Ga.

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