As reported on WFMZ WETUMPKA, Ala., Dec. 10, 2020 -- An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired a Class A industrial facility totaling approximately 891,000 square feet on 102 acres of land from Russell Brands, LLC ("Russel Brands") located at 3145 Elmore Road in Wetumpka, Alabama (the "Property"). Russell Brands previously manufactured sports equipment and clothing, marketing its products under many brands and subsidiaries, including Russell Athletic and Spalding. Formerly a publicly traded company, Russell Brands was acquired by Fruit of ... Read More
As reported on PR Newswire NORMAL, Ill., Dec. 8, 2020 -- An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it will build Phase Two of the North Normal Industrial Park consisting of a 500,000 square-foot addition on approximately 30 acres of land it owns located at 301 West Kerrick Road in Normal, Illinois. In June 2020, Phoenix acquired the partially completed Phase One consisting of 500,000 square feet in the North Normal Industrial Park. Phoenix will complete construction of Phase One in early 2021. ... Read More
Rivian, an emerging electric automotive company, has leased a 500,000-square-foot warehouse from Phoenix Investors. Located in north Normal, IL. Rivian will use the building as a logistical center for parts and eventual production. “Rivian’s investment in the Normal region will attract other cutting-edge companies and drive the creation of high-quality jobs to the region,” said Phoenix's Executive Vice President Anthony Crivello. Read the full article on WGLT.org.