Becknell Closes on the Sale of 690,000 Square-Foot Facility in Indianapolis Market

May 29, 2020

Becknell Industrial and Washington Capital Management have closed on the sale of Eaglepoint Six, a new 690,000 SF fully leased Class-A industrial facility in the Indianapolis submarket of Brownsburg, Indiana.

JLL marketed the property on behalf of Becknell and Washington Capital. Denver-based Black Creek Group, a real estate investment management firm, purchased the asset.

Eaglepoint Six is home to Radial Inc., an omnichannel commerce technology and operations provider, and serves as its largest facility in the United States.

Completed in 2019, the facility features 36-foot clear height, four drive-in doors, 52 dock-high doors (expandable to 134), ESFR sprinkler system, LED lighting and office space.

Situated on at 1111 East 56th Street, the modern bulk distribution property is adjacent to I-74 and has easy access to I-465, I-65 and I-69, which provides access to 75 percent of the United States population within a one-day’s drive.

Eaglepoint Six is part of the Class-A, master-planned, fully leased Eaglepoint Business Park, which is in the Hendricks County Industrial submarket, the second largest submarket in Indianapolis.

The JLL Industrial Capital Markets team representing Becknell was led by Senior Managing Director John Huguenard and Senior Director Ed Halaburt along with Managing Director Jake Sturman and Senior Directors Sean Devaney, Kurt Sarbaugh and Robin Stolberg.