Real Estate Company Proposing $26 Million Development

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Real estate firm Becknell Industrial LLC has proposed a $26 million, three-building development on the northwest side of Indianapolis that would be ready for tenants by early 2015.

The Chicago-based developer said the flex industrial buildings would be built on a speculative basis, with hopes of landing tenants by the end of 2016. When fully occupied, Becknell estimates that property's users would have at least 103 employees making an average wage of $15 per hour.

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