Anthony Crivello

Phoenix Investors buys two more large industrial buildings

As reported on bizjournals.com: Sean Ryan, Reporter Phoenix Investors added another 1 million square feet to its growing portfolio of industrial building. The Milwaukee-based company on Wednesday announced the $25.8 million purchase of buildings in Jefferson and Beloit that are nearly fully leased. The company now holds about 17 million square feet of properties in 22 states, and has grown rapidly after the recession under a core strategy of buying and rehabbing empty or underused industrial buildings. “These acquisitions represent our entry into the Beloit ... Read More

2019-10-31T08:40:06+00:00August 31st, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello|

Phoenix Investors Expands WI Industrial Footprint

As reported on cpexecutive.com: Timea Papp Phoenix Investors completed the purchase of two industrial properties in Beloit and Jefferson, Wis., through one of its affiliates. The assets changed hands in a $25.8 million deal and encompass more than 1 million square feet of industrial space. Wisconsin Bank and Trust provided the acquisition financing. VALUE-ADD OPPORTUNITIES The property located at 351 Collins Road in Jefferson, Wis., features up to 30-foot clear ceilings and boasts 591,840 square feet. The distribution warehouse is fully leased and is near ... Read More

2019-10-31T08:41:45+00:00August 30th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello|