David M. Marks


Since 1994, David M. Marks has served as the Trustee of the Irrevocable Children’s Trust, Irrevocable Children’s Trust No.2 and Phoenix Business Trust where he oversees all trust investments, with responsibilities that begin pre-acquisition and extend through ownership and disposition. Mr. Marks has played a key role in all acquisitions and management of the Trusts’ portfolio of commercial real estate and operating companies and acts as key officer, director or manager for the Trusts’ operating subsidiaries.

Mr. Marks began his real estate career in the late 1980s while still an undergraduate, completing acquisition underwriting, portfolio analysis and abstracting complex anchor tenant leases on a national basis. In the early 1990s, Mr. Marks worked on national acquisitions, underwritings and financings, highlighted by assisting in the creation Wall Street’s first single-tenant, retail property-backed securitized financing, a CMBS transaction secured by a national portfolio of 43 Kmart retail and warehouse stores.

Mr. Marks has led or participated in real estate acquisitions, refinancings and dispositions ranging in size from single asset transactions under $1 million to portfolio transactions in excess of $170 million.

Mr. Marks and his wife Rachael are active supporters of various charitable organizations, with a specific focus on Jewish charities in Southeastern Wisconsin.

Mr. Marks received a B.S. in economics from the University of Wisconsin.

Phoenix Investors Acquires Three Additional Illinois Industrial Properties

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 eight former Whirlpool facilities. The 1000 South ... Read More

2021-04-28T00:32:10+00:00June 25th, 2019|Articles, David Marks, Press Releases|

Phoenix Investors Preparing Former Whirlpool Plant for Future Tenants

Phoenix Investors have received two building permits totaling $3.655 million for roof repairs, inside demolition, and renovation on the former Whirlpool site in Fort Smith, AR. They are prepared to spend around $10 million to update the building for new tenants—it is 1.136 million square feet and rests on about 97 acres. Read the full talkbusiness.net story, written by Michael Tilley.

2021-06-07T21:54:36+00:00June 27th, 2018|Articles, David Marks, Frank P. Crivello|


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|
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