Scannell Breaks Ground on $30M Corteva Agriscience Facility
Scannell Properties, a privately owned, international commercial real estate development firm specializing in build-to-suit and speculative projects for the industrial, office, and multifamily markets, recently broke ground on a $30 million warehouse and seed distribution facility for Corteva Agriscience in Anderson, Ohio.
The 300,000-square-foot facility at 4210 W. 67th Street will be used for seed storage and distribution to customers in Indiana and southern Ohio. Corteva, an Indianapolis-headquartered chemical and seed company, has signed a 10-year lease to occupy the facility.
“This new business is expected to create more than 40 new jobs in the Anderson area and contribute to diversifying the local economy while producing a net of $4.3 million in new tax revenue over a 10-year period,” said the city of Anderson in a statement.