2019 News Archives

MERRILLVILLE - Carmel-based real estate firm Becknell Industrial is planning to invest nearly $20 million in a speculative facility in Merrillville. Our partners at The Times of Northwest Indiana report the move comes after the company found a tenan…

MERRILLVILLE — Becknell Industrial has plans to build another large facility in Merrillville after finding a tenant for an existing building it has in town. Paul Thurston, of Becknell, said the company plans to build a 263,000-square-foot industri…

Fueled by continued population growth that has made Columbus the 14th-largest city in America and its strategic location in the U.S. Interstate system, the Columbus industrial market has been on a multi-year run in terms of new inventory and positive…

The speculative development boom is still surging in Chicago’s industrial market, which had 19.3 million square feet of new industrial space under construction in February of 2019, according to Avison Young research. The 63 percent increase in…

LAS VEGAS – Colliers International – Las Vegas represented Becknell Industrial in the $5.2 million purchase of 20.6 acres located on the SEC of Howdy Wells Road and Beesley Drive just west of the Las Vegas Motor Speedway. Becknell Industrial wil…

LAS VEGAS – Colliers International – Las Vegas represented Becknell Industrial in the $5.2 million purchase of 20.6 acres located on the SEC of Howdy Wells Road and Beesley Drive just west of the Las Vegas Motor Speedway. Becknell Industrial will…

Another speculative building is coming to a growing Greenwood business park, and the city has agreed to give the Carmel-based developer a more than $1 million tax break. Becknell Industrial plans to build a 151,800-square-foot facility and 104-car p…

Asked to forecast where the Richmond area’s commercial real estate market is headed in the next five or 10 years, experts speaking Tuesday didn’t have solid predictions. But they agreed that millennials and the generation coming behind them, Gen…

INDIANAPOLIS, Feb. 20, 2019 (GLOBE NEWSWIRE)—Becknell Industrial announced today financial results for the year ending December 31, 2018. Dan Harrington, Chief Executive Officer and President, said, “2018 was another record breaking year for Be…

HOBART — An industrial developer hopes to buy a 16.5 parcel to expand operations in the city. To that end, city officials are pursuing a development agreement with Becknell Industrial before they authorize a zone change for property the company co…

Denver’s industrial market is expected to keep up the momentum coming off a record-breaking year that saw absorption reach 4.5M SF — the highest since before the recession, when 5.5M SF was absorbed in 2006, according to CBRE’s fourth-quarter i…

Becknell Industrial has acquired 39.81 acres at Nexus at DIA, a joint venture project between Schuck Communities and CH Thompson Co. Becknell plans to announce its plans for the property at 84th Avenue and Quintero Street in Commerce City shortly. …

The size of the crowds at last week’s Chicago Commercial Real Estate conference illustrate the fact that the CRE industry and this market are on great footing going into the new year. One sector in particular, industrial, drew a great amount of int…