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Transactions - APRIL 19, 2021

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Scannell Properties to deliver third major development project in Kansas City area

by Kali Persall

Commercial real estate developer Scannell Properties has launched the first phase of the Compass 70 Logistics development in Bonner Springs, Kan.

The $100 million industrial development will be situated on 157 acres and could include three buildings, totaling 2 million square feet, once completed.

This is Scannell Properties’ third major development project to launch in the Kansas City area in the last 12 months.

“This location is perfect as a manufacturing and logistics hub, with easy access from I-70 and convenient proximity to the Legends retail area,” said Tim Elam, managing director at Scannell Properties. “We’re so impressed with the Kansas City area as a whole and are excited to bring more economic opportunity to the area with this third significant project.”

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