Articles

PHOENIX INVESTORS ACQUIRES PA MIXED-USE ASSET

As reported in cpexecutive.com written by IvyLee Rosario An affiliate of Phoenix Investors has acquired a 402,000-square-foot industrial and office building in Athens, Pa. This purchase marks Phoenix’s second acquisition in the state of Pennsylvania within six months. Located at 101 N. Main St., the property is the former Ingersoll Rand manufacturing plant. The facility will undergo extensive renovations to become a Class A modernized property. The interior of the plant is divisible for multi-tenant occupancy. Ingersoll Rand completed a series of significant upgrades on the office area.  “We were greatly touched ... Read More

2019-12-24T05:14:14+00:00June 20th, 2018|Articles, David Marks|

INVESTORS PLAN TO RENOVATE MOUNT MORRIS PRINTING PLANT

As reported in saukvalley.com written by Vinde Wells MOUNT MORRIS – A long-shuttered printing plant has new owners, an investment firm that plans to renovate the site and lease it to new tenants. Phoenix Mt. Morris LLC, an affiliate of Milwaukee-based Phoenix Investors, bought the former Quad/Graphics printing plant May 4 for $200,000, according to Ogle County property transfer documents filed Monday. The 644,000-square-foot site at 404 S. Wesley Ave. was owned by Mt. Morris Business Park LLC (no connection to the village) of Downey, California, ... Read More

2019-12-24T05:14:18+00:00May 16th, 2018|Anthony Crivello, Articles, David Marks, Frank Crivello|

PHOENIX INVESTORS ACQUIRES TWO ADDITIONAL PROPERTIES FROM INDUSTRIAL REALTY GROUP

As reported in prnewswire.com MILWAUKEE, May 8, 2018 /PRNewswire/ — Affiliates of Phoenix Investors (“Phoenix“), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced they acquired from affiliates of Industrial Realty Group (“IRG”) two industrial properties totaling approximately 1,100,000 square feet in Covington, Tennessee and Mount Morris, Illinois for $13,500,000. “Over the last three years we have acquired eight industrial properties across the United States from IRG resulting in win-win outcomes for both companies,” said Frank Crivello, Phoenix’s Founder and Chairman. “These properties ... Read More

2019-12-24T05:14:21+00:00May 8th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|
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