Articles

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|

FORMER QUAD/GRAPHICS PLANTS SOLD TO MILWAUKEE’S PHOENIX INVESTORS

As reported in bizjournals.com written by Sean Ryan Two former Quad/Graphics Inc. industrial facilities in Illinois and Tennessee sold to Milwaukee-based Phoenix Investors. An affiliate of the Milwaukee real estate investor bought the two buildings for $13.5 million from Industrial Realty Group. The two buildings have about 1.1 million square feet combined and were formerly occupied by Sussex printing company Quad/Graphics (NYSE: QUAD).  “Both buildings have good bones and feature high clear ceiling heights,” said Anthony Crivello, Phoenix executive vice president. “We intend on renovating ... Read More

2019-12-24T06:10:11+00:00May 8th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|

PHOENIX INVESTORS BUYS 1.1 MILLION SQUARE FEET OF INDUSTRIAL

As reported in rejournals.com Affiliates of Phoenix Investors, a national private commercial real estate firm headquartered in Milwaukee, acquired from affiliates of Industrial Realty Group two industrial properties totaling about 1.1 million square feet in Covington, Tennessee, and Mount Morris, Illinois, for $13.5 million. The Covington property is a former Quad Graphics facility located on U.S. Route 51 in Covington, about 45 miles northeast of Memphis. Built between 1987 and 1994, the Covington property is made up of 523,010 square feet in improvements and totals ... Read More

2019-12-24T06:10:14+00:00May 8th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|