Phoenix Investors' plans for a recently purchased plot in Normal were the topic of discussion at a lively town council meeting. After acquiring the land from a previous owner who did not pay the required development fees, Phoenix proposed a nearly $16 million investment for renovation; the Milwaukee-based company predicted the renovation will create approximately 50 jobs. Read the full article in The Pantagraph.
As reported in The Lansing State Journal Founded in 1994 by Frank P. Crivello, Phoenix Investors and its affiliates (collectively “Phoenix”) are a leader in the acquisition, development, renovation, and repositioning of industrial facilities throughout the United States. Utilizing a disciplined investment approach and successful partnerships, Phoenix has developed a proven track record of generating superior risk-adjusted returns while providing cost-efficient lease rates for its tenants. Perhaps Phoenix’s greatest legacy is the revitalization of distressed communities suffering from the impact of urban blight. “About a ... Read More
The novel coronavirus had dramatic impacts on virtually every aspect of the business world. Global supply chains experienced disruption on an unprecedented scale, causing shortages in critical medical devices, personal protective equipment (PPE), and essential household goods. As 2020 comes to an end, the logistics sector continues to develop and implement innovative solutions that will help businesses operate successfully in this new normal. This article will discuss the current state of logistics to inform readers of the latest happenings in the sector, as well as ... Read More