Becknell Nearing Delivery of Another Building at NorthWind Crossings

INDIANAPOLIS, Nov. 27, 2017 (GLOBE NEWSWIRE) -- Becknell Industrial announced today that it is nearing completion of an industrial building in the Town of Merrillville in Northwest Indiana.  The new state of the art facility is being built on 13 acres within the Company’s NorthWind Crossings Business Park.  Ready for occupancy in early 2018, the project provides frontage along, and immediate access to Interstate 65.  The Park is strategically located just 25 miles from Chicago.

The new 182,000-square-foot facility can be subdivided and will feature 32' clear height, up to 27 dock doors, two drive-in doors and 119 auto parking spaces.  In addition, the property will include 53' x 50' column spacing with 60' loading bays, ESFR sprinkler system and LED lighting.

With this new project, Becknell will have developed eleven buildings exceeding 1,000,000 square feet since 2002 in NorthWind Crossings. The park is currently 100% occupied, including a 160,000 square foot speculative building completed in 2016.

“Inventory of available spaces in the Northwest Indiana market is definitely outpaced by user demand,” said Matt Hubert,” Becknell’s Vice President of Leasing. “Due to strong market fundamentals, low Class A vacancy and robust demand from users, the time is right to deliver a modern, functional building.”

Over 200 acres of developable land remains available for speculative and build-to-suit projects including sites that can accommodate facilities up to 1,000,000 square feet.

Becknell has selected JLL’s Scott Duerkop to market this facility and additional opportunities at NorthWind Crossings. For more detailed information on the park, please visit www.northwindcrossings.com.

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 150 properties totaling nearly 19 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.