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Developer CEO says data centers spark nearby projects

Becknell's Clay Thelen says over 25% of industrial plans are next to mission-critical facilities
Becknell Industrial CEO Clay Thelen, right, prepares for a recent industrial development panel in Miami with colleague Paige Steers. (Tony Wilbert/CoStar)
Becknell Industrial CEO Clay Thelen, right, prepares for a recent industrial development panel in Miami with colleague Paige Steers. (Tony Wilbert/CoStar)
CoStar News
June 16, 2026 | 4:28 P.M.

Becknell Industrial CEO Clay Thelen, who led the recent launch of his company's private real estate investment trust, said data center projects are creating opportunities for developers to launch nearby projects.

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