INDIANAPOLIS – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Becknell Industrial, a national real estate development company with offices in Indianapolis, Chicago and Dallas, has selected Cassidy Turley’s Michael Weishaar and Todd Vannatta to market North by Northwest Industrial Park’s remaining, undeveloped industrial site, which can support build-to-suit activity up to 600,000 square feet.
Mr. Weishaar, SIOR, Senior Vice President, and Mr. Vannatta, SIOR, Senior Vice President, represented Becknell Industrial in its acquisition of the 52 acres at 8461 Bearing Drive in Indianapolis. The parcel is zoned for light to medium manufacturing and warehouse/distribution in the well-established North by Northwest Industrial Park.
“This property is the last vacant land site in the entire Park 100 area,” said Mr. Weishaar. “Cassidy Turley welcomes the opportunity to work with Becknell Industrial, an up and coming player in the Indianapolis industrial market.”
“We believe the site will be attractive to nearby businesses seeking a modern functional facility who also want to remain in the premier Park 100 area,” said Pete Anderson, Becknell’s Executive Vice President of Investments. “Becknell is pleased to partner with one of the leading brokerage firms in the city.”
Located at the southeast corner of West 86th Street and Georgetown Road, North by Northwest provides easy access to nearby Interstate 465 and Interstate 65 and numerous amenities. The site can accommodate buildings ranging in size from 50,000 to 600,000 square feet with multiple points of ingress/egress. Plans call for state-of-the-art, modern cross-docked bulk distribution centers equipped with 32-foot clear height, 50-foot-by-50-foot bay spacing and onsite trailer storage.
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 96 properties totaling 9.1 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.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets.
The Indianapolis Business Journal 2013 Book of Lists ranks Cassidy Turley as #1 Indianapolis-area commercial real estate brokerage and the #1 Indianapolis-area commercial property management firm. Cassidy Turley has been named one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce for each of the past seven years. Please visit www.cassidyturley.com for more information.