Becknell is proud of its ability to offer its clients the highest quality product with absolutely no financing contingencies. Projects are funded on an all-cash basis and are never encumbered by a mortgage, allowing for immediate funding of new developments.
Becknell’s portfolio, valued in excess of $1 billion, is held in a joint venture between Becknell and an institutional real estate investment fund that manages more than $30 billion of real estate and dedicated capital.
Becknell maintains a substantial equity interest in the joint venture and provides all real estate services. The joint venture is capitalized with less than 15 percent debt and has a $100 million dollar revolving line of credit available for expansion through new development and acquisitions. It is this financial flexibility that led Becknell Industrial to be the chosen to develop Kraft’s premier 735,000 square foot warehouse distribution facility in Champaign, Illinois.