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 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.

A privately-owned development and investment company, Scannell has developed over 270 buildings for clients such as FedEx, Best Buy and GE. Scannell is hopeful that some of these relationships will go with him to Europe. To cultivate local clients it has opened an office in London and tapped Amaury Gariel as Managing Director. Based in Europe, Gariel joins Scannell from CBRE where he has spent 23 years, most recently as Managing Director, EMEA Industrial and Logistics Services.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at 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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