Anthony Crivello

The Future of Industrial Real Estate Needs Smarter Warehouses

Over the past several decades, science fiction movies have featured all kinds of things once thought unimaginable, such as robots, self-driving vehicles, and fully automated factories. As we reach a point where these fantasies have become a reality, the industrial real estate sector must look toward a smarter future. This article will discuss some innovative new features found in warehouses and what property owners can do to support them.  What Does a Smart Warehouse Look Like?  A “smart warehouse” is so-named because it relies runs ... Read More

2022 Looks Like Another Strong Year for Industrial Real Estate

While the COVID-19 had a devastating impact on countless industries, industrial real estate has weathered the storm well since the pandemic began in 2020. Whereas office, retail, commercial real estate sectors have struggled, industrial real estate owners, investors, and other stakeholders have found themselves well-positioned to thrive. This article will explore some trends that will help industrial properties remain a hot commodity this year. Industrial Prepares for Another Banner Year The driving forces behind industrial real estate demand will continue in 2022 and beyond. As ... Read More

Phoenix Investors Acquires Original Whirlpool Corporation Campus in Cleveland, Tennessee

BENTON HARBOR, Mich., Jan. 6, 2022 – Whirlpool Corporation (NYSE: WHR) announced today the sale of its original Cleveland, Tenn., manufacturing campus to an affiliate of Phoenix Investors. Whirlpool Corporation built a new plant and warehouse in Cleveland in 2012 at a separate site. On the original campus, Whirlpool recently completed the demolition of manufacturing buildings and continues to occupy the distribution warehouse on the property. The original campus comprises approximately 77 acres and a 150,000 sq. ft. warehouse. Phoenix Investors, a national commercial ... Read More

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