Porter Realty/CORFAC International Wins Leasing Assignment from Becknell Industrial to Market 216,000 SF Distribution Facility in Richmond VA

Jul 12, 2016

Porter Realty/CORFAC International Principal Clifford B. Porter, CCIM, SIOR, announced that his firm was awarded the leasing/property management assignment by Becknell Industrial to market a new speculative 216,000 SF warehouse/distribution facility the developer is building in Henrico, VA. Pre-cast concrete walls have been erected and the building is set to be ready for tenant fixtures by August 31, 2016.

Cliff Porter is marketing the 216,000-square-foot building with 20 dock doors (expandable to 44), two drive-in doors and 25 additional trailer parking stalls. Build-to-suit office space is also available. The building features 2000 Amp 480V 3-phase electrical service, ESFR sprinkler system, 32’ ceilings and LED lighting with motion sensors. The property is located at 2700 Distribution Drive just three miles from the Richmond International Airport, with easy access to I-64, I-95, 895 and I-295 and less than 10 miles from the Port of Richmond and 80 miles from the Port of Virginia.

Becknell purchased Building C along with three pad sites in 2014, Building E is the first pad site to be developed since the purchase. The two remaining pads are Building B – 153,480 SF and Building D – 202,560 SF.
Founded in 1990, Becknell Industrial is a privately-held vertically integrated real estate firm specializing in the development, management and long-term ownership of industrial properties nationwide. With offices in Chicago, Illinois; South Florida and Indianapolis, Indiana, Becknell focuses on providing efficient real estate solutions to clients all across the country.

Becknell has a portfolio of business distribution properties resulting from 25 years of development, management and property ownership. The Company’s portfolio has grown to 140 business distribution properties representing more than 16 million square feet, primarily for single tenant build-to-suit customers. In addition, Becknell also owns more than 330 acres of developable ground for future business distribution properties.

About Porter Realty Company Inc./CORFAC International
About Porter Realty Company Inc./CORFAC International Porter Realty Company Inc. is Richmond, VA’s industrial market expert, handling more industrial product than any other firm in the metro area. Family-owned and operated since 1965, Porter Realty offers a full range of brokerage services, including lease administration and property management, all customized to fit the needs of the individual client. Porter Realty is also a member of CORFAC International (Corporate Facility Advisors) whose network reach extends to commercial firms in 65 countries worldwide. Visit www.porterinc.com and www.corfac.com for additional information.

About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has 81 offices throughout the Americas, Europe and Asia. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.

About Porter Realty Company Inc./CORFAC International
About Porter Realty Company Inc./CORFAC International Porter Realty Company Inc. is Richmond, VA’s industrial market expert, handling more industrial product than any other firm in the metro area. Family-owned and operated since 1965, Porter Realty offers a full range of brokerage services, including lease administration and property management, all customized to fit the needs of the individual client. Porter Realty is also a member of CORFAC International (Corporate Facility Advisors) whose network reach extends to commercial firms in 65 countries worldwide. Visit www.porterinc.com and www.corfac.com for additional information.

About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has 81 offices throughout the Americas, Europe and Asia. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.

News From: Porter Realty/CORFAC International

Media contact: Gary Marsh: (415) 453-7045; gary@marshmarketing.com