Wilson Kibler brokers $4.48 million land sale for new distribution facility

Wilson Kibler principal George McCutchen, CCIM, SIOR, represented the owners in the recent disposition of 2120 Two Notch Rd. in Lexington for $4.48 million. Scannell Properties, a privately owned real estate development and investment company, purchased the ±80-acre site with plans to build a ±350,000-square-foot facility on behalf of FedEx Ground. Construction of the facility, which is set to include ample trailer parking, is currently underway and is expected to deliver in the first half of 2023.

“It’s always exciting to be part of something that will positively impact the local economy and create new jobs,” said McCutchen. “And it’s a double-win because having access to this new facility will further enable companies doing business in South Carolina to meet the needs of their customers.”

Scannell Properties primarily focuses on build-to-suit and speculative development projects throughout the United States, Canada, and Europe. Founded in 1990, the company has a history of successful commercial development projects, broad geographic reach, and expertise in a wide range of building types.

About Wilson Kibler
Wilson Kibler is a full-service commercial real estate firm with offices in Columbia and Greenville. Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Wilson Kibler is an Accredited Management Organization, and its professionals hold prestigious designations including CCIM, CPM, LEED GA, MCR, and SIOR. For more information visit www.wilsonkibler.com.

 


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