Scannel Properties recently purchased an approximately 70-acre site just south of Interstate 10 in east Buckeye for nearly $6.65 million, with plans for the construction of an 850,000-square-foot distribution center for specialty discount retailer Five Below. This marks the newest distribution center for the City of Buckeye and West Valley, which continues to grow and attract employers. Five Below plans to bring approximately 150 new jobs to the area initially and expects to grow to nearly 300 employees over the next five years.
Greg Vogel and Wes Campbell, who represent a broad spectrum of clients including financial institutions, investors, homebuilders, industrial and master-planned community developers throughout Arizona for Land Advisors Organization’s Metro Phoenix office, represented the seller in the transaction.
Photo courtesy of Scannel Properties
