Phoenix Investors has acquired two properties in Beloit and Jefferson, WI. The $25.8 million deal adds over 1 million square feet of industrial space to the Phoenix portfolio. In a prepared statement, Executive Vice President Anthony Crivello said that “Both properties have opportunities for future value-add improvements." Read the full story by Timea Papp for Commercial Property Executive here.
Business and community leaders convened to host the first annual Sherman Park Revival Celebration. At the event, 250 Milwaukee Public Schools students received Kohl's backpacks stocked with supplies, Milwaukee Bucks lunch bags, and Brewers tickets. The celebration was organized by the Milwaukee Kitchen Cabinet, a group of restaurants in the Milwaukee area including SURG Restaurant Group, and Milwaukee Public Schools administrators. Click here to read the full story by Milwaukee Business Journal Editor-in-Chief Mark Kass.
Businesses such as Amazon are now viewing Racine County, WI as an area of great potential, largely because of its proximity to both the Milwaukee and Chicago markets. In 2013, Phoenix Investors bought a building and 62 acres in Mount Pleasant, planning a warehouse, manufacturing facility, or self-storage center. Click here for the full article, written by Sean Ryan for the Milwaukee Business Journal.
