Date: Thursday, January 28, 2021
Scannell Properties’ to Build 200,000 SF Distribution Center in Stafford County, VA
[STAFFORD, VIRGINIA] – Scannell Properties, a private real estate development and investment firm, is building a new 200,000 SF warehouse distribution facility at 25 Strategy Drive in Stafford’s Centreport development area. This is the latest development in Stafford’s Centreport industrial and distribution area. As per recently submitted plans to the County, the firm is constructing a build-to-suit facility called Project Package, for an undisclosed tenant.
“Stafford County is highly desirable for light industrial and warehouse development because of its mild climate and proximity to distribution routes. We appreciate the County’s stewardship in bringing this development to fruition,” said Amanda Henry, Development Manager, Scannell Properties.
Stafford’s location along the I-95 corridor, multiple interchange accesses, and its growing Centreport industrial area is becoming recognized as the region’s next best option for data center, manufacturing, e-commerce, and last-mile distribution centers. Stafford and specifically the Centreport area offers a location for shippers and manufacturers to reach 60 percent of the U.S. population within a day’s drive.
“This new investment by Scannell exemplifies the Stafford Advantage,” stated Supervisor Gary Snellings, Hartwood District. “Our location, workforce, and pro-business perspective attracts new business investment to the Centreport area”.
The tenant for Project Package anticipates creating many new job opportunities for Stafford’s regional workforce.
“Stafford’s focused investments, pro-business tax rates, and low costs are fostering major investments in new facilities, such as those Scannell is making,” stated Director John Holden, Stafford County Economic Development and Tourism. “Centreport is our targeted area for e-commerce, logistics, and last-mile distribution opportunities and we thank Scannell for their investment”.
About Scannell Properties
Scannell Properties focuses on build-to-suit and speculative development of industrial, office, government, and multi-family facilities throughout the U.S., Canada and Europe. Since its inception in 1990, Scannell has completed over 360 development projects totaling 85 million SF. The value of all their projects is estimated at over $5 Billion. www.scannellproperties.com