Scannell Properties Buys 7.5-acre industrial development site in Seattle

Reported Oct 28, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
Scannell Properties
Seller
Not disclosed
Price
Not disclosed
Size
7.5 acres
Asset class
Land
Transaction
Sale
Sub-market
South King County (Kent / SeaTac / Des Moines)
Metro
Seattle
Reported date
Oct 28, 2026

Summary

AUBURN, WASH. — Scannell Properties has acquired a 7.5-acre site in Auburn for the development of a speculative industrial building. Source: REBusiness Online.

Summarized from the article; the quoted lines below are from the article itself.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Size / Buyer
    AUBURN, WASH. — Scannell Properties has acquired a 7.5-acre site in Auburn for the development of a speculative industrial building. Terms of the transaction were not released. The planned 185,000-square-foot building will feature a clear height of 36 feet, 31 trailer stalls and 23 dock doors with drive-in capacity. Site work on the land is underway, with vertical construction slated to begin in spring 2027. The speculative building is Scannell Properties’ second project in the greater Seattle area, bringing the company to an investment volume exceeding $300 million and nearly 2 million square feet of development in the Pacific Northwest, including Oregon and Idaho.
  • Deal
    AUBURN, WASH. — Scannell Properties has acquired a 7.5-acre site in Auburn for the development of a speculative industrial building.

Article date: 2026-10-28T13:47:50+00:00

Frequently asked questions

Who bought 7.5-acre industrial development site?
Scannell Properties bought 7.5-acre industrial development site in South King County, Seattle, according to REBusiness Online.
When was this sale reported?
Reported Oct 28, 2026 by REBusiness Online.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.