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Bob Scannell

INDIANAPOLIS, IN–Europe is behind the US by several years in industrial activity, but it is poised to catch up quickly, Bob Scannell, President and Founder of Scannell Properties tells GlobeSt.com. As it does, the company refuses to be left behind. So it is making a major investment, setting up operations in France, Germany, Italy, the Netherlands, Spain and the UK. “There will be very similar opportunities in Europe that we are seeing today in the industrial and logistics sector,” he says. “There will be a need for companies like us to identify excellent land positions, to use our own capital to acquire the land and develop the properties and lease them out — basically the same thing we have been doing in the US for quite a while.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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