Discover the latest events and accomplishments at Becknell Industrial. Check out our latest news announcements, company insights, client announcements and media mentions.
Becknell Industrial is proud to support St. Mary’s Child Center in Indianapolis at their 25th Annual Golf Outing. Several associates took advantage of Becknell’s Community Day Program and volunteered at the event with set-up, registration and var…
Ben Paolone joined the Becknell Chicago Team as a Senior Vice President – Head of Capital Markets. In this role, he will formally develop and establish Becknell’s capital markets platform for the long-term while securing capital and ensuring all …
Dave Keller joined the Becknell Indy Team as Executive Vice President of Capital Markets. A 30+-year veteran of the commercial real estate industry, he will be responsible for sourcing and executing to raise debt and equity to fund Becknell’s robus…
Toni Cook joined the Becknell Indy Team as a Construction Accountant. In this role, she will be responsible for all the accounting aspects of assigned construction jobs. Toni will be preparing and analyzing monthly draw packages for assigned jobs and…
A planned 2.2-million-square-foot Walmart distribution center in Hancock County is set to become the largest warehouse ever constructed in central Indiana, but experts say the region likely will continue to attract a barrage of major logistics facili…
About 2.5 million square feet of vacant speculative industrial space hits market.
The largest project is a 477,362-square-foot speculative building in Westlake Industrial Park. Four industrial projects are moving through development in North and West Jacksonville. Becknell Industrial applied for a permit at Westlake Industral Pa…
Becknell Industrial submitted the 10-set construction engineering plans to the city for its proposed 477,362-square-foot building on 60.2 acres, called Lot 21 first phase, along Pritchard Road in Westlake Industrial Park. Plans show a future adjacen…
Jake Hart joined the Becknell Indy Team as a Senior Property Accountant. In this role, he will be responsible for the daily accounting for 69 properties spanning across 12 states, with over 9.3 million SF. Jake brings experience from Simon Property G…
Karen Wisniewski joined the Becknell Indy Team as a Senior Property Accountant. In this role, she will be responsible for the daily accounting for 59 properties spanning across 9 states, with over 7.7M SF. Karen brings over 19 years of experience i…
JLL Capital Markets has closed the sale of Eaglepoint Six, a new fully leased Class-A industrial facility in the Indianapolis suburb of Brownsburg, Indiana. The property is 690,702 square feet. JLL marketed the property on behalf of the seller, a p…
BROWNSBURG, IND. — JLL Capital Markets has arranged the sale of Eaglepoint Six, a new Class A industrial facility totaling 690,702 square feet in Brownsburg, located about 17 miles northwest of Indianapolis. The building is fully leased to Radial I…
Denver-based Black Creek Group recently purchased two industrial properties out of state, one in Texas and the other in Indiana. JLL marketed both properties on behalf of their sellers. Valwood Crossroads, a brand new, Class A, state-of-the-art, ful…
JLL Capital Markets closed the sale of Eaglepoint Six, a new, fully-leased, Class A, 690,702-square-foot industrial facility in the Indianapolis-area community of Brownsburg, IN. A partnership of Washington Capital Management on behalf of a client an…
The 477,000-square-foot development is in Westlake Industrial Park. Becknell Industrial is preparing a site at Westlake Industrial Park to build a 477,000-square-foot speculative warehouse along Pritchard Road. The St. Johns River Water Management …
Becknell is proud to support the 12th Annual NAIOP Real Estate Awards. This premier commercial real estate event recognizes outstanding development projects and brokerage professionals for industrial, office and mixed use properties in Indiana. This…
Becknell Industrial was recently recognized by the Wisconsin Ready Mixed Concrete Association at their 38th Annual Concrete Design Awards. The award program recognizes excellence in the ready-mixed concrete industry in Agricultural, Commercial, Concr…
David Fronek recently joined the Becknell Indy Team as Vice President of Development. In this role, he will help execute on the Company’s overall development and acquisition strategy. David will review, qualify and respond to request for proposal…
Becknell is proud to sponsor a team at the annual Strikes for Stansfield Circle bowling event that helps provide a monthly hot brunch for senior citizens, supports the pre-school program and provides 100% of their fundraising efforts to Fletcher Plac…
Allison Hemrick recently joined the Becknell Indy Team as a Construction Accountant. In this role, she will prepare and analyze construction draws, work closely with construction project managers and administrators to appropriately capture, record a…
TAMPA, FL—Becknell at Madison Business Center, a speculative industrial property located at Madison Avenue and Eagle Falls Place here, is leasing up quickly. Building 200, a 94,396-square-foot warehouse and distribution space, was fully leased wit…
CHICAGO, Jan. 23, 2020 (GLOBE NEWSWIRE)—Becknell Industrial announced today that it has completed the construction of a 319,600 square-foot distribution facility for siffron, a manufacturer of point of purchase and display products, specializing in…
Chad Krebs recently joined the Becknell Indy Team as a Financial Analyst. In this role, he will perform market research and analysis for industrial properties considered for development, acquisition or disposition and conduct market research and ana…
Becknell at Madison Business Center, a speculative industrial property located at Madison Avenue and Eagle Falls Place in Tampa, is leasing up quickly. Building 200, a 94,396-square-foot warehouse and distribution space, was fully leased within 90 d…
Michael Brazeal recently joined the Becknell La Grange Team as an Investment Associate. As part of the Investments team, he will play an integral role in the growth and development of the team by supporting all team members with the overall task mana…
Guy Preston and Seda Preston with Colliers International announced Dec. 16 they brokered the sale of 171 acres, entitled for 1.5 million square feet of development rights, to Becknell Industrial for $9 million. The sale of the property in Westlake I…
Starwood Real Estate Income Trust Inc. has just entered the industrial sector, establishing a footprint spanning more than 4.1 million square feet of Class A assets in one fell swoop. The non-traded REIT acquired a 95 percent stake in the 33-propert…
Work on reconstructing 69th Avenue is expected to begin in the spring now that the Hobart City Council has approved payment agreements for it and two other projects deemed vital for future development. City engineer Phil Gralik said if reconstructio…
When asked to report on the success of economic development efforts in Northwest Indiana, leaders in the field sometimes find it hard to talk, but it’s not because the news is bad. Quite the contrary. They have trouble speaking because they are sm…
HOBART — City panels have started the process to authorize financing for long discussed enhancements on and around 69th Avenue. The Redevelopment Authority and Redevelopment Commission on Monday took initial action to pursue a maximum of $12 milli…
Matt Garver joined Becknell one year ago and is located in our LaGrange office. He is currently a Project Engineer supporting our development pipeline on a daily basis. As a Project Engineer he is responsible for varying levels of pre-development d…
Joe Claussen recently joined the Becknell La Grange Team as a Senior Project Manager. He manages all facets of each project including planning, design, permitting, construction, occupancy, and closeout. Joe also interfaces directly with clients to …
After 6 years with Becknell Industrial, Charley Anderson has retired. Charley joined the Becknell team in 2013 as a Field Superintendent. Since joining, he oversaw a total of 7 projects and was most recently the project superintendent on the 325,000…
Ethan Kieffner recently joined the Becknell Indy Team as a Project Engineer. As part of the engineering team he will provide support in due diligence, site planning, estimating, scheduling, design coordination and permitting for our multitude of pro…
Mona Klopstad recently joined the Becknell Indy team as Accounts Payable Specialist. In this role she enters and posts payables and processes checks. She is responsible for the maintenance of historical records and files, including filing and scann…
Liz Cuevas and Stephanie Santos recently joined the Becknell Industrial team as Construction Administrators in our Chicago Office where they administer subcontractor agreements, enforce compliance with lien waivers and manage subcontractor insurance …
One of the largest industrial real estate portfolios in the region is slated to change ownership early next year as part of a multibillion-dollar acquisition. Pennsylvania-based Liberty Property Trust, a publicly traded REIT with office and industri…
Side-by-side, Hobart and Merrillville share the U.S. Hwy. 30 and I-65 corridors. Connection to the I-80 corridor from those two routes has created a commercial, industrial, and residential boom for both. The trend is upward for both communities, as …
Company seeking administrative deviation from the zoning code. Becknell Services LLC asks to reduce the required parking spaces at its proposed Westlake Industrial Park warehouses from 648 to 260 and intends to provide 312. Applicant Kimley-…
The Hobart City Council gave a resident a minimum of six months to find a new home for the growing iron railing fabrication business he’s been operating from his Colorado Street garage for eight years. The council at its Oct. 16 meeting upheld the…
HOBART — Plans by an industrial developer to expand operations in the city moved a step further on Thursday. The Hobart Plan Commission approved a rezoning request from Becknell Industrial for a 16.5-acre parcel near 69th Avenue and Mississippi St…
Becknell Industrial and CBRE hosted a Broker Open House event at Air Commerce Industrial Park to kick-off the new development and learn how this brand new class A industrial park can service the unique needs of your clients in Orlando, Florida. It wa…
Ed Ranz recently joined the Becknell Indy Team as Accounting Manager - Construction. In this role he oversees and manages all construction accounting processes, projects and staff. With expertise in financial planning, analysis and managerial account…
Becknell Industrial is proud to support Habitat for Humanity Boone County by volunteering at their ReStore Habitat. ReStore Habitat is an independently owned reuse store operated by local Habitat for Humanity organizations that accept donations and s…
At the mid-year mark, the greater Richmond area industrial market has continued to strengthen, closing with an overall occupancy rate of 91 percent in the categories being tracked (Class A, B, C vacant and investor-owned product with a minimum of 40,…
Hillwood, which is developing AllianceFlorida at Cecil Commerce Center, is one of five groups making plans for Jacksonville distribution centers of more than 1 million square feet. Hillwood, the city’s master developer at Cecil, previously filed p…
Becknell Industrial is the latest, proposing a 1,108,080-square-foot building in Westlake Industrial Park.
As the fifth-busiest airport in the United States, Denver International Airport brought nearly 65 million travelers to our State in 2018. The Society for Marketing Professional Services (SMPS) Colorado Chapter August luncheon, held on Wednesday, Aug.…
28. BECKNELL INDUSTRIAL What it does: Industrial real estate | 2018 revenue: $186.8 million | 5-year growth: 376.9% | Employees: 32 local, 65 total | Profitable: Yes | Location: Lyons
MT. COMFORT — Work has begun on an auto parts manufacturer’s new warehouse going up in Mt. Comfort. Carmel-based Becknell Industrial is developing the nearly $30 million facility for Spectra Premium between Landsberg and Brybelly on County Road …
A developer with several properties in Greenwood has received another tax break from the city. Becknell Industrial, a Carmel-based developer, is working to fill the Southtech Business Park at Graham Road and East Main Street with speculative buildin…
LOVES PARK — Local leaders gathered Friday to celebrate the grand opening of a business that was vital in Loves Park’s recruitment of Costco. Cream City Scale, a company that sells, calibrates and services scales for low- to heavy-capacity weigh…
For months, readers have been curious about a massive warehouse – the size of three and a half football fields – under construction in Appleton’s eastside industrial park. Driving north on State 441, it’s on the right side before the Calumet…
Two more warehouses could be coming to the east side of Greenwood, but these, unlike most others that have been proposed lately, faced no opposition. That is because the property is surrounded by warehouses on three sides. An apartment complex — T…
Thirty years ago, there were 33 operating textile mills in Spartanburg County, South Carolina. Today, there are scarcely a handful. The jobs and investments disappeared in the wake of regulatory change and international trade agreements. However, th…
Congratulations to our very own Shona Bedwell who recently graduated from United Way of Central Indiana’s community leadership and board development program, Leadership United. The Leadership United Class of 2019 received certificates of completion…
Presenting Chicago's fastest-growing companies, in alphabetical order.
LOVES PARK — A company that makes merchandising fixtures and custom displays for retailers is building a $20 million warehouse and distribution center near East Riverside Boulevard and Interstate 90. A groundbreaking ceremony was held Monday for S…
Becknell buys land for second building. Chicago-based Becknell Industrial bought land in Westlake Industrial Park for a second warehouse project. Pritchard Road Florida Becknell Investors II LLC paid $748,200 on March 22 for 12.49 acres at Pritchar…
Becknell buys land for second building Chicago-based Becknell Industrial bought land in Westlake Industrial Park for a second warehouse project. Pritchard Road Florida Becknell Investors II LLC paid $748,200 on March 22 for 12.49 acres at Pritchard…
It is apparent to most commercial real estate professionals that there is an unusual amount of warehouse development activity taking place in the Richmond region from both local and national investors. About 2.2 million square feet of industrial/war…
Acting as tenant and landlord representative, respectively, Cushman & Wakefield closed on ten transactions across the I-55 Corridor in the first quarter of 2019, totaling more than 1.5 million square feet. Robust leasing activity and a 360-basis …
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 con…
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…
CHICAGO, Dec. 19, 2018 (GLOBE NEWSWIRE)—Becknell Industrial today announced that Dan Fogarty has been promoted to Executive Vice President - Development, effective immediately. Dan’s tenure with Becknell began as Senior Vice President – Develop…
HOBART — New development could be coming to 69th Avenue, but the road is in need of an upgrade before that could happen. Becknell Industrial is looking to buy a 16.5-acre property north of 69th Avenue and east of Mississippi Street, and the compan…
Two more – maybe three – industrial warehouses are being built in Northwest Jacksonville. The city issued permits for an $18 million cross-dock building for Lake Washington Partners and a $7 million speculative warehouse for Becknell Industrial.…
Nothing is hotter than industrial, and nothing is fueling that more than e-commerce, which is driving up demand for logistical and fulfillment properties. For that reason, approximately 200 people headed out to McDonald’s Hamburger University in Oa…
While there has been a strong demand for investment properties in Richmond, there remains a limited availability of both freestanding facilities and portfolio deals. In recent investment activity, the Byrd Corporate Park in eastern Henrico County s…
Reports that the industrial market is either near or below a 3% vacancy rate continue to spur new industrial space
HOBART — The newest addition to NorthWind Crossings is expected to eventually become the largest facility in the business park. Wynright Corp., which is based in Elk Grove Village, Illinois, is expected to break ground on its new 320,400-square-fo…
T&C Metals will move by Nov. 1 from 5220 New Kings Road about 6 miles south to 6746 Stuart Ave. “Our business is growing at a tremendous pace and we need more room to bring in more product,” said Thomas DeSaulniers, branch manager for T&…
Despite high demand and historically low vacancy rates, building continues to fall behind demand.
Jacksonville is not seeing enough new development of industrial space to keep up with the demand the market is experiencing, according to a quarterly report from Colliers International Northeast Florida. The vacancy rate dropped below 3 percent in t…
A Carmel-based real estate developer has plans to construct three industrial buildings totaling more than 1 million square feet in rural Zionsville. The facilities would be constructed on roughly 80 acres at the northwest corner of State Road 267 an…
RICHMOND, VA. — Becknell Industrial has acquired a 60-acre parcel of land along Laburnum Avenue and Seven Hills Boulevard in Richmond with plans to construct a four-building industrial campus. The 805,190-square-foot development, located roughly tw…
Becknell Industrial, based in Indianapolis, develops warehouse distribution centers all over the country. Now, they’ve purchased five parcels of land for a four building project at Laburnum and Seven Hills Boulevard for just over $4 million. Porte…
A four-building industrial warehouse complex is being planned for South Laburnum Avenue in eastern Henrico County. Becknell Industrial, the Indianapolis-based developer of warehouse distribution centers across the nation, is developing the four-buil…
Becknell Industrial - Industrial real estate 2017 revenue: $154.2 million | 5-year growth: 346.1% | Employees: 26 local, 51 total | Profitable: Yes | Location: Lyons
