Articles

Phoenix Investors Acquired Former Bon-Ton Distribution Center in Rockford, IL

As reported on prnewswire.com MILWAUKEE, Feb. 4, 2019 /PRNewswire/ — An affiliate of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired an approximately 517,000 square-foot former Bon-Ton distribution facility located at 4650 Shepherd Trail in Rockford, Illinois. With the subject acquisition, Phoenix’s affiliates now own approximately 3,200,000 square feet in Illinois. Conveniently located between two full four-way interchanges with Interstate 90, the property features approximately 25,000 square feet of office space, clear ceiling heights up to ... Read More

2020-05-04T23:41:05+00:00February 4th, 2019|Articles|

Phoenix Investors Has Another Tenant for Former Tecumseh Plant in Grafton

As reported on bizjournals.com , Written by Sean Ryan  Increasing demand from clients who need help with shipping operations prompted Midwest Assembly, Warehouse and Distribution to seek space to lease from Phoenix Investors in Grafton. The West Bend company primarily provides third-party logistics services to other firms, and is looking to lease about 56,000 square feet in Grafton for those operations, said Tom Bichanich, Midwest Assembly operations manager. The long-term lease provides more space and would let the company consolidate operations in other leased buildings, ... Read More

2020-05-05T23:01:06+00:00January 14th, 2019|Articles, Frank P. Crivello|

Phoenix Investors Buys Two Out of State Industrial Properties

As reported on biztimes.com , Written by Alex Zank  Affiliates of Milwaukee-based real estate investment firm Phoenix Investors recently acquired two out of state industrial complexes in transactions that totaled $10.7 million. To conclude 2018, Phoenix bought one property near Peoria, Illinois, for $8.1 million, and another near Jefferson City, Missouri, for $2.6 million. The company expanded its footprint to 24 states with the Jefferson City purchase. The Jefferson City property includes a roughly 276,180-square-foot industrial building on about 59 acres. It is primarily leased ... Read More

2020-05-05T23:01:20+00:00January 8th, 2019|Articles, Frank P. Crivello|
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