Articles

This City Is Counting on Trump to Spend Big on Infrastructure

As reported by NBC News: By JACOB SOBOROFF and AARNE HEIKKILA FORT SMITH, Arkansas — President Donald Trump promised a $1 trillion infrastructure investment over ten years that he said would rebuild American cities and create millions of new jobs. Here in Arkansas' second-largest city, where Trump won overwhelmingly in 2016, residents eagerly await details of a bill and see it as key to turning their fortunes around. Fort Smith holds a Gallup poll distinction most cities want desperately to avoid — its...

Phoenix Investors breaks ground at former Whirlpool building in Fort Smith

As reported by the Times Record: By Thomas Saccente / Times Record / tsaccente@swtimes.com The Milwaukee-based firm Phoenix Investors LLC held a groundbreaking ceremony at 6400 Jenny Lind Road in Fort Smith Thursday to celebrate the company’s purchase of the former Whirlpool manufacturing facility at that location. The building was formerly used to manufacture refrigerators and freezers. A joint news release from the Arkansas Economic Development Commission and the Fort Smith Regional Chamber of Commerce states Phoenix Investors will invest more than $10...

Phoenix Investors to spend $10 million on former Whirlpool plant, already in talks with tenant prospects

As reported by Talk Business & Politics: Officials with Phoenix Investors say the former Whirlpool manufacturing facility in Fort Smith is a “diamond in the rough” and they plan to spend $10 million in the next 6 to 9 months to open and brighten the inside with white paint and new lighting. Milwaukee, Wisc.-based Phoenix Investors – through Phoenix JCR Fort Smith Industrial Investors LLC – bought the 1.136 million square foot plant for $3.25 million. The transaction date was Feb. 15. The...

Phoenix Investors joins local and state leaders to celebrate the purchase of former Whirlpool facility

As reported by the Arkansas Economic Development Commission: Phoenix Investors LLC today joined local and state leaders to celebrate the company’s purchase of the former Whirlpool manufacturing facility in Fort Smith. The company will invest more than $10 million in the 1.5 million square foot facility, located on Jenny Lind Road, making it immediately marketable to companies seeking a new location. Phoenix Investors is a national commercial real estate firm based in Milwaukee, Wisconsin whose core business is the revitalization of former...

Milwaukee’s Coolest Offices: Fully stocked bar, full-time chef among Phoenix Investors offerings

As reported in the Milwaukee Business Journal Phoenix Investors' downtown Milwaukee office has quite a list of features, ranging from a fully stocked bar to a full-time chef to a massage room for employees. Check out the attached slideshow to see photos of the office. The chef prepares free breakfast and lunch daily for the real estate firm's 55 employees in a full kitchen that was included in the buildout of the office space. Not only is it helpful that team members...

Phoenix Investors purchase industrial complex in Sheboygan

As reported on biztimes.com: An affiliate of Milwaukee-based Phoenix Investors has purchased an industrial complex in Sheboygan for $2.25 million. The property, which sits on 12.1 acres, is along the Sheboygan River at Commerce Street and Pennsylvania Avenue in Sheboygan, was purchased from an affiliate of Baird Capital. The properties, which total 208,000-square-feet, are leased to Safco Products Company, the parent company of Mayline Office Furniture. Safco and its predecessors have manufactured and sold the Mayline brand of office furniture products since 1939. “We...

Town Bank to open branch downtown

As reported on biztimes.com: BIZ TIMES — Hartland-based Town Bank plans to open a branch in a 4,000-square-foot retail space at 401 E. Kilbourn Ave. in downtown Milwaukee. Town Bank’s only existing branch in the City of Milwaukee, at 140 S. First St. in the Walker’s Point neighborhood. Phoenix 401, an affiliate of commercial real estate company Phoenix Investors LLC, said it has executed a long-term lease agreement with Town Bank for a retail branch in the space, to open this fall. Jay Mack,...

Ryan Trost

As reported in Milwaukee Business Journal: 40 Under 40 Award Winner: Senior vice president-finance, Phoenix Investors LLC | Age: 31 [caption id="" align="alignnone" width="750"] Photo Credit: SCOTT PAULUS[/caption] In college, Ryan Trost sold burial plots. Today, he’s enjoying a much livelier career with Phoenix Investors...

Meet the Milwaukee Business Journal’s 2017 class of 40 Under 40 winners

As reported in Milwaukee Business Journal: We had a lot of fun unveiling our 2017 40 Under 40 winners this past week to a lot of reaction and fanfare throughout southeastern Wisconsin. To see the entire 2017 class of young professionals that we are honoring, click on the attached slideshow. In all, we received nearly 260 nominations for this year's program, the 25th year that we have been recognizing the up-and-coming leaders in our community. There were a lot of hard decisions...