Becknell is proud of its ability to offer its clinets the highest quality product with absolutely no financing contingencies. Projects are funded on an allcash basis and are never encumbered by a mortgage, allowing for immediate funding of new developments.

Becknell’s portfolio, valued in excess of $1.5 billion, is held in a joint venture between Becknell and an institutional real estate investment fund that manages more than $30 billion of real estate and dedicated capital.

Becknell maintains a substantial equity interest in the joint venture and provides all real estate services. The joint venture is capitalized with less than 15 percent debt.

It is this financial flexibility that led Becknell Industrial to be chosen to develop Kraft’s premier 735,000 square foot warehouse distribution facility in Champaign, Illinois.

“Becknell Industrial has been providing Kraft with one-stop design and build services for many years. They’ve proven their ability to understand our business and real estate needs. We’re confident Becknell will provide the excellent service and deliver the first-rate project we expect.”

— John Dattilo, Kraft Corporate Real Estate