Scannell Properties acquired the Brockton Industrial Park at 12395 N. Brockton Ln. in Rogers, MN for $5.99 million, or about $112,000 per acre, from private investors.

The industrial park, which comprises 53.25 acres zoned I-1, will be used to develop a distribution facility for FedEx totaling approximately 304,000 square feet. Construction is slated to begin this month, and delivery is anticipated in early 2015.

Wayne Elam of Commercial Realty…

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