David Marks

PHOENIX INVESTORS ACQUIRES THREE ADDITIONAL ILLINOIS INDUSTRIAL PROPERTIES

Company purchases over 1.8 million square feet MILWAUKEE, WI (June 25, 2019) – Affiliates of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced the acquisition of three industrial properties totaling approximately 1,800,000 square feet located in Galesburg and Decatur, Illinois. The subject acquisition brings Phoenix’s overall portfolio to approximately 27,000,000 square feet across 25 states. The Galesburg Illinois assets were originally constructed by Maytag between 1974 and 1996 and then acquired by Whirlpool Corporation. Phoenix’s portfolio holdings include ... Read More

2019-12-24T04:44:06+00:00June 25th, 2019|Articles, David Marks, Press Releases|

‘HIGH-QUALITY PROSPECTS’ INTERESTED IN SPACE IN FORMER WHIRLPOOL PLANT

As reported in talkbusiness.net written by Michael Tilley Part of the more than $3.65 million in ongoing work by Phoenix Investors to further renovate the former Whirlpool manufacturing plant in Fort Smith could make way for a warehouse/distribution operation for Mars Petcare. But Phoenix officials are mum about new tenants. Milwaukee, Wisc.-based Phoenix Investors recently received two building permits totaling $3.655 million for roof repairs and inside demolition and renovation work on the building. The building is 1.136 million square feet and rests on about 97 ... Read More

2019-12-24T05:12:47+00:00June 27th, 2018|Articles, David Marks, Jason Lennartz|

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|