David Marks

Phoenix Investors joins local and state leaders to celebrate the purchase of former Whirlpool facility

As reported by the Arkansas Economic Development Commission: Phoenix Investors LLC today joined local and state leaders to celebrate the company’s purchase of the former Whirlpool manufacturing facility in Fort Smith. The company will invest more than $10 million in the 1.5 million square foot facility, located on Jenny Lind Road, making it immediately marketable to companies seeking a new location. Phoenix Investors is a national commercial real estate firm based in Milwaukee, Wisconsin whose core business is the revitalization of former manufacturing facilities throughout ... Read More

2019-10-31T08:46:40+00:00April 20th, 2017|Articles, David Marks, Frank Crivello, Projects|

Whirlpool sells two shuttered plants

As reported in the Herald Palladium: BENTON HARBOR — A Wisconsin investment group bought two dormant plants from Whirlpool Corp. The Milwaukee-based firm, known as Phoenix Investors LLC, closed on the two-property deal last week. It includes plants in Fort Smith, Ark., and Cleveland, Tenn. Terms of the deal were not released. “We outgrew our former manufacturing site in Cleveland a few years back and built a state-of-the-art facility just a few miles away,” Jeff Noel, vice president of communications and public affairs, said in ... Read More

2019-10-31T08:49:17+00:00February 23rd, 2017|David Marks, Frank Crivello, Projects|

PRIVATE MILWAUKEE GROUP BUYS SEVERAL WHR PROPERTIES

As reported in Moody on the Market: A prolific private real estate company based in Wisconsin has purchased sizable buildings and land in two states from Whirlpool Corporation with plans to renovate and place them back onto the open market going forward. Phoenix Investors of Milwaukee, whose portfolio totals approximately 17-million square feet across 22 states, has purchased Whirlpool’s last remaining manufacturing building and surrounding land in Fort Smith, Arkansas in one transaction and Whirlpool’s former manufacturing Plant Three property on Euclid Avenue in Cleveland, ... Read More

2019-10-31T08:50:32+00:00February 22nd, 2017|Articles, David Marks, Projects|