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Phoenix Investors Acquires Alabama Factory Site

With its acquisition of the former Chesbrough-Pond's plant in Huntsville, AL, Phoenix Investors has expanded its portfolio to 22 states. The deal for the 359,00-square-foot building reportedly totaled $5.1 million. “The proximity to the Huntsville International Airport and I-585 made this a long-term attractive asset for our portfolio,” said Phoenix Investors Chairman & Founder Frank P. Crivello. “We continue to deploy committed capital on our core industrial strategy and seek additional industrial value acquisitions in the Huntsville market and across Alabama.” Click here to read ... Read More

2024-08-06T20:22:35+00:00October 17th, 2017|Acquisitions & Projects, Blog, Frank Crivello, Frank P. Crivello, Press|

Wisconsin company makes second multi million-dollar Flint property purchase

As reported on mlive.com: By Dominic Adams FLINT, MI – A Wisconsin based real-estate firm has purchased its second commercial building in Flint in the last two weeks. An affiliate of Phoenix Investors has bought a 460,000-square-foot building next to Bishop Airport where Android Industries is currently located, the company said. The building at 4444 W. Maple Ave., was purchased for $19.5 million and the sale was closed on Thursday, Oct. 12, according to Phoenix Spokesman Buddy Julius. “It’s an area that we think that it’s ... Read More

2024-08-06T20:23:31+00:00October 13th, 2017|Acquisitions & Projects, Anthony Crivello, Blog, Press|

NDC Honors Maytag, Phoenix Investors

The National Development Council Board honored Maytag Dairy Farms and Phoenix Investors for promoting the community of Newton, IA and expanding its business portfolio. “You are here because you love this community and it show over and over,” NDC Board Chair Jo Jenkins said. “Some of you in this room are very visible to what you are doing out and about to help grow Newton. Others are behind the scenes, but you are all working together to push forward, to move and to grow Newton.” ... Read More

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