MILWAUKEE’S PHOENIX INVESTORS BUYS WAUWATOSA J.C. PENNEY WAREHOUSE FOR $31 MILLION
As reported in jsonline.com By Joe Taschler An affiliate of Phoenix Investors, a national private commercial real estate firm based in Milwaukee, said Tuesday that it has acquired the massive J.C. Penney logistics warehouse and furniture outlet at I-41 and W. Burleigh St. in Wauwatosa. Phoenix plans to renovate the complex and says it already has more than a dozen companies interested in moving into the complex. The purchase price was $31.25 million for the 2 million-square-foot property located on more than 77 acres at 18000 W. Burleigh ... Read More
