INDIANAPOLIS, IN--(Marketwired - September 15, 2016) - Becknell Industrial announced today that it has fully leased its speculative warehouse building currently under construction at the Airport Distribution Center on the southeast side of Richmond. Premier Store Fixtures will be the sole occupant of Building E, a 216,000 square-foot, 32' clear building featuring LED lighting, ESFR sprinkler system and 7" unreinforced concrete slab. Scheduled completion of the shell construction is estimated to be early October. Premier offers a whole new approach to the retail store fixture/display business, offering such services as Design & Engineering, Manufacturing and Support & Logistics.
"Becknell is excited that Premier has chosen to set up its operations at Airport Distribution Center," said Derek Hawkins, Becknell's Vice President - Development. "This location compliments its existing manufacturing location in Henrico County. We look forward to being a long-term partner of Premier Fixtures."
"Premier Fixtures is excited to be the newest business to be locating in Becknell's Airport Distribution Center." According to Joe Thomas, Premier's Chief Operating Officer, "the addition of the new 216,000 square-foot facility will house over 150 employees and some of Premier's long time clients. The addition of the facility is an integral part of our consolidation and facilities upgrade. We are delighted with the opportunity we have at Becknell for a great facility and the capacity for future expansion."
Clifford B. Porter, CCIM, SIOR of Porter Realty Company, Inc. represented both Premier and Becknell in this transaction, and is handling the marketing of the remaining sites in the park.
With Building E now leased, Becknell announced its intention to begin construction of Building B at the Airport Distribution Center. The new 153,480-square-foot facility will feature 32' clear height, up to 30 dock doors, two drive-in doors and abundant car and trailer parking. In addition, the property will include 50' x 45' column spacing with 60' loading bays, ESFR sprinkler system and LED lighting with motion sensors. Construction will commence November 1, 2016 with a scheduled completion in May, 2017.
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Becknell Industrial specializes in the development, investment and management of industrial properties across the United States. The company currently owns interests in 142 properties totaling nearly 17 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.