Steve Cohen and Russ Hall of Cushman & Wakefield | Picor represented Scannell Properties of Indianapolis, IN (Robert Scanell, CEO) in the assemblage of 9.57 acres for the new Amazon distribution center being built in Tucson. Scanell purchased the property for approximately $1.5 million ($3.60 per square foot) land value in two separate transactions with buildings to raze on it. Both transactions closed November 29, 2018.
The site is located at the southwest corner of Silverlake Road and I-10 with addresses on 29th Street and Silverlake, west of downtown Tucson. Scanell has already begun prep work for the 59,000-square-foot single story warehouse to be used for sorting from larger warehouses and package transfers to smaller delivery vehicles, along with space for vehicle storage, washing and a fueling center.