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