CHICAGO, IL--(Marketwired - August 19, 2014) - Becknell Industrial announced today $22.8 million of new developments started in 2014 totaling 331,000 square feet which are 100 percent leased. The average lease term for these projects is 12 years.
Development highlights include the following new starts:
"We are pleased to continue to strengthen our relationships with our existing customers, while becoming the partner of choice for these new clients," said Mark Shapland, Executive Vice President - Chief Operating Officer.
About Becknell Industrial
Becknell Industrial specializes in the development, investment and management of industrial properties across the United States. The company currently owns interests in more than 100 properties totaling over 10 million square feet. Vertically integrated, Becknell is responsible for every aspect of the project providing the decision-making authority and expertise to meet client expectations for a high-performance facility delivered on time and on budget. More information about Becknell is available at www.becknellindustrial.com.
Contact Information:
Contact Information:
Shona L. Bedwell
317.669.6005
sbedwell@becknellindustrial.com