Becknell Industrial closed on the sale of a 52-acre site in Mount Comfort Commercial Park located just east of Indianapolis in Mount Comfort, Indiana. Becknell currently has two buildings under development totaling 650,000 square feet in the Park. Building #1 totals 260,406 square feet and is nearly complete. Building #2 totals 390,581 square feet and is scheduled to be complete in August 2021.
The Colliers Midwest Industrial Sales Team, led by Alex Cantu in the Indianapolis office and Jeff Devine and Steven Disse in the Chicago office, facilitated the transaction on behalf of Becknell. The site was purchased by Exeter Property Group.
Located along I-70, a primary east-west logistics thoroughfare, Mount Comfort is one of Indianapolis’s fastest growing modern logistics submarkets. More than 5 million square feet of new users have recently opened logistics operations or committed to the Mount Comfort submarket. Hancock County is committing over $30MM in infrastructure improvements to its major thoroughfares to accommodate the needs of today’s modern logistics user.