Phoenix Investors’ acquisition in Illinois includes proposed completion of the 500,000-square-foot building in Normal. “Most notably, the nearby Rivian Plant is nearing completion, driving local industrial demand,” said Frank Crivello, Phoenix’s Chairman & Founder. “In addition, within 50 miles there are a number of high-quality manufacturing and agribusiness companies that are growing and seeking industrial space.”

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