PITTSBURGH \u2014 Becknell Industrial, the suburban Chicago industrial development firm that bought a 25-acre site on the western edge of the city a few weeks ago for more than $25 million, doesn\u2019t plan to sit still on its new asset, its first in the region.<\/p>\n
In announcing its buy of the property, confirming a transaction previously announced by the joint venture partnership of the city\u2019s URA and RIDC nearly two weeks ago<\/a>, Becknell reports it is advancing a plan to built a new speculative industrial building of a little more than 150,000 square feet, adding to expect a Class A warehouse.<\/p>\n The project is slated for a companion 9.3-acre parcel next to a completed industrial building of about the same size completed by the URA-RIDC joint venture and leased to national plumbing and infrastructure supplies distributor Ferguson Enterprise LLC on the site, a redeveloped public housing property Becknell is now calling the Fairywood Industrial Park within the larger Chartiers Valley business park.<\/p>\n Click here to read more from our partners at the Pittsburgh Business Times. <\/a><\/p>\n Download the FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n Follow Channel 11 News on Facebook<\/a> and Twitter<\/a>. | Watch WPXI NOW<\/a><\/p>\n TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n \u00a92026 Cox Media Group<\/p>\n