Anthony Crivello Archives | Phoenix Investors

Renovation of Kentucky Warehouse Aligns With Governor’s Push for Agritech Jobs

Originally Published by CoStar Group Inc. An affiliate of Phoenix Investors acquired a vacant 267,289-square-foot warehouse building in Mount Sterling, Kentucky, for $1.65 million in December 2022. The building hadn't been used since Regal Rexnord Corp. ceased operations in 2014. Shortly after the sale, Phoenix Investors entered a long-term lease agreement with Neogen Corp., a manufacturer of animal and food safety products. Phoenix renovated the warehouse — now called the Neogen Mount Sterling — in 2022, adding new dock positions, racking and conveyor systems, ... Read More

Phoenix2024-08-02T18:45:05+00:00April 5th, 2023|Acquisitions & Projects, Anthony Crivello, Blog, Press|

Neogen Opens Mt. Sterling Location with Nearly $10 Million Investment

Originally published by The Lane Report Neogen Corp., an animal and food safety product manufacturer, opened its new facility in Montgomery County, a $9.8 million investment creating 79 full-time jobs and furthering the Governor’s initiative to grow Kentucky’s agritech sector. Neogen has operated in Kentucky since located in Lexington in 1992 with the acquisition of ELISA Technologies. ELISA was formed in 1990 through a license agreement with the University of Kentucky to develop diagnostic test kits to detect abused and therapeutic drugs in racehorses ... Read More

Phoenix2024-08-02T19:32:23+00:00January 9th, 2023|Anthony Crivello, Blog, Press|

Former Murphy Warehouse Sold to Wisc. Group

As published by The Tube City Almanac A Wisconsin-based investment group is purchasing the former G.C. Murphy Co. distribution center in Christy Park and plans to “immediately commence upgrades to the facility to accommodate new tenant occupancy.” Phoenix Investors LLC announced Monday that it will purchase the 627,000-square-foot facility, which stretches over 36 acres between 28th and 35th avenues. The building has been occupied since 1995 by Magic Creations, which manufactures and distributes plastic housewares and other items to discount stores. The company will continue ... Read More

Phoenix2024-08-02T21:08:20+00:00October 20th, 2021|Acquisitions & Projects, Anthony Crivello, Blog, Press|