Loading, Please Wait...
INDIANAPOLIS, IN --(Marketwired - January 07, 2016) - Becknell Industrial announced today more than $56 million of acquisitions for 2015.
Properties acquired include seven buildings totaling more than 875,000 square feet. These acquisitions include:
Including the acreage previously mentioned, Becknell Industrial purchased nearly 90 acres of land in Indianapolis, Cincinnati, Spartanburg and Columbia, South Carolina; on which the Company will develop approximately 735,000 square feet.
"We were very pleased with our level of acquisitions in 2015. Becknell not only gained sound assets and strong credit tenants, but also secured strategic land positions in high demand markets for future development," said Pete Anderson, Executive Vice President - Investments. "Our Company remains committed to our long-term strategy of deploying capital to acquire high quality assets leased to solid tenants across the United States."
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 131 properties totaling 15 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.
Shona L. Bedwell