Becknell Industrial has purchased a 14-acre industrial site located on Commerce Center Drive, off of Seward Road in Fairfield. It will develop a 176,800-square-foot speculative industrial building there by first quarter of 2018. CONTRIBUTED

Company to develop 14-acre industrial site in Fairfield

Construction is expected to be complete during the first quarter of 2018.

MORE: $30M industrial, logistics park to be built in Fairfield

Becknell Industrial specializes in the development, investment and management of industrial properties across the United States. The company owns interests in 151 properties totaling nearly 19 million square feet.

“Becknell is excited to further expand our presence in the Cincinnati market and to continue to build upon the success that we’ve experienced at our Port Union development project,” said Katrina Cupp, Becknell’s assistant vice president of investments.

CBRE assisted with the purchase of the land, located on Commerce Center Drive, off of Seward Road.

“The location is perfect because of its proximity to the distribution and manufacturing core of Northern Cincinnati,” said Jeremy Kraus, first vice president at CBRE. “This building will offer existing and new-to-market tenants the opportunity to operate in a modern, efficient facility. The features in the building will help tenants lower operational costs while also helping to retain and recruit talent in this competitive labor landscape.”

MORE: Q&A: How does this Fairfield company handle its expected growth?

Located in the core of northern Cincinnati’s manufacturing and distribution hub, the new building will include several sustainability features to reduce operating costs and has been designed to accommodate multiple tenants.

The location is accessible from multiple interchanges along Interstate 75 and Interstate 275 and is within 600 miles of more than 60 percent of all U.S. manufacturing.

MORE: Veritiv moves 500 jobs to Fairfield, could add 200 more

Thank you for reading the Dayton Daily News and for supporting local journalism. Subscribers: log in for access to your daily ePaper and premium newsletters.

Thank you for supporting in-depth local journalism with your subscription to the Dayton Daily News. Get more news when you want it with email newsletters just for subscribers. Sign up here.