As reported on businessinsider.com MILWAUKEE, July 2, 2018 /PRNewswire/ — An affiliate of Phoenix Investors (“Phoenix“), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it signed a lease for approximately 134,000 square feet with Sellars Absorbent Materials, Inc. (“Sellars”) in the former Lowe’s Home Improvement store located at 5800 W. Hope Avenue in Milwaukee, Wisconsin (“Property”). The property was built in 2004 and has been vacant since Lowe’s closed this location in 2009. Since the store closure, the building became a blight ... Read More
Phoenix Investors have received two building permits totaling $3.655 million for roof repairs, inside demolition, and renovation on the former Whirlpool site in Fort Smith, AR. They are prepared to spend around $10 million to update the building for new tenants—it is 1.136 million square feet and rests on about 97 acres. Read the full talkbusiness.net story, written by Michael Tilley.
As reported in cpexecutive.com written by IvyLee Rosario An affiliate of Phoenix Investors has acquired a 402,000-square-foot industrial and office building in Athens, Pa. This purchase marks Phoenix’s second acquisition in the state of Pennsylvania within six months. Located at 101 N. Main St., the property is the former Ingersoll Rand manufacturing plant. The facility will undergo extensive renovations to become a Class A modernized property. The interior of the plant is divisible for multi-tenant occupancy. Ingersoll Rand completed a series of significant upgrades on the office area. “We were greatly touched ... Read More