Coldwell Banker Commercial McGuire Mears & Associates negotiated the sale of a 488,000-square-foot industrial facility in Freeport, Illinois. The list price for the property was $7 million, and the building features a clear height of 26 feet, 30 exterior docks, and 10 drive-in doors. Adam Shultz of Coldwell Banker Commercial McGuire Mears & Associates represented the seller. The buyer was an affiliate of Milwaukee-based Phoenix Investors, LLC.

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Frank P. Crivello is a Milwaukee-based developer and Chairman & Founder of Phoenix Investors.