Anthony Crivello

As published by Barbra Murray for Commercial Property ExecutiveThree industrial facilities increase the company’s portfolio by 1 million square feet.Phoenix Investors continues to expand its portfolio, most recently adding three industrial properties via three separate transactions. The company purchased the former manufacturing plants totaling more than 1 million square feet in metropolitan Milwaukee and the Greater Raleigh, N.C., area.Phoenix is a master of redeveloping and repurposing former plants and plans to do just that with its new purchases. With the explosion in construction costs over the ... Read More

The industrial real estate sector has been plagued by a shortage of new inventory thanks to a confluence of events that includes the COVID-19 pandemic, building material supply disruptions, labor shortages, a continuing run on e-commerce fulfillment centers, and much more. As a result, industrial stakeholders have gotten creative in the face of adversity by converting commercial properties, building vertical warehouses, and spreading inventory across numerous micro-fulfillment centers. Despite the innovation happening over the past two years, many industry stakeholders have overlooked blighted industrial properties ... Read More

E-commerce returns have long been a thorn in the side of e-commerce fulfillment. With most of the focus on what’s going out the door, online sellers have traditionally paid little attention to what came back in. Now, however, customers demand that the retail brands they support have a free and easy returns process for goods purchased online. To that end, it’s up to online sellers to integrate returns management capabilities seamlessly into fulfillment operations. However, mastering returns may be easier said than done, with consumers ... Read More