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Washington DC & Mid-Atlantic  + Virginia  + Industrial  |  February 26, 2025
Jasmine Kilman
By: Jasmine Kilman

Colliers Facilitates Build-to-Suit VA Industrial Transaction

Developer Becknell Industrial has broken ground on a new 160,000-square-foot industrial development in Winchester, Virginia for new owner ZM Sheet Metal, a metal product manufacturer.

Colliers facilitated the build-to-suit transaction, with a team led by Vice Chair John Lesinski and Executive Vice President Ben Luke arranging the agreement on behalf of Becknell. “The expansion of ZM Sheet Metal in the Shenandoah Valley speaks to the growing demand for industrial space in the region,” said Lesinski.

Colliers sourced the land for Becknell and subsequently, introduced the land site to ZM Sheet Metal through their broker KLNB. Becknell assigned the land contract to ZM Sheet Metal and structured an agreement with the company to be the exclusive developer of their build-to-suit arrangement.

Located in Stonewall Industrial Park, where ZM Sheet Metal has an existing manufacturing facility, the proposed development will be a 160,000-square-foot sheet metal manufacturing facility located along McGhee Road.

Read More News Stories About: Colliers
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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