Affiliates of Phoenix Investors purchased the shuttered LSC plant in Mattoon, IL. The acquisition aligns with Phoenix’s legacy of revitalizing former industrial properties and was also announced alongside three other acquisitions , brining their year-end acquisition totals to just under 9.5 million square feet. “We were pleased to work with LSC as it winds down and sells certain shuttered former print manufacturing plants across the United States,” said Frank Crivello, Phoenix Investors’ Chairman & Founder in a release.

Read the full article by the Journal Gazette & Times-Courier.

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