An affiliate of Phoenix Investors (“Phoenix”) announced the acquisition of a Gadsden, AL Campus spanning about 3 million square feet. Renovated in 2015, the industrial property features 30 dock doors, clear heights up to 30 feet, close proximity to I-759 and I-59, and a central location between Atlanta, Birmingham, Huntsville, and Chattanooga.
Phoenix will market the space for lease after completing several capital and cosmetic improvements. In the process, the Gadsden area could gain around 1,200 employment opportunities.
Click here to read the full article by Commercial Property Executive.
Frank P. Crivello is a Milwaukee-based developer and Chairman & Founder of Phoenix Investors.