Phoenix Investors held an inaugural event at the former Delphi East building in Flint, MI after making a $25 million investment in the purchase and rehabilitation of the property. Genesee Packaging is the anchor tenant at the facility while a portion of the building continues renovation. Several prospective tenants are interested in leasing portions of the warehouse; anticipated completion is slated for early 2020. “This space could be finished even sooner if we meet the right client,” said Phoenix’s Senior Vice President of Acquisition and Leasing Kurt Jensen.

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