David Marks

David M. Marks

David Marks is the President and CEO of Phoenix Investors, a national real estate firm specializing in industrial real estate based in Milwaukee, Wisconsin, as well as trustee, key officer, director, and manager for all its affiliated entities, a role that he has held since 1994. Mr. Marks oversees all investments, with responsibilities that begin pre-acquisition and extend through ownership and disposition. 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 of Wall Street’s first retail commercial mortgage-backed securities (CMBS) transaction. Today, he oversees one of the largest private industrial real estate portfolios comprised of 46 million square feet, spanning 28 states. Mr. Marks and his wife Rachael are active supporters of various charitable organizations, with a specific focus on Jewish charities in Southeastern Wisconsin. He received a B.S. in Economics from the University of Wisconsin.

How Much Reshoring is Actually Happening?

Reshoring had an uptick in 2018-19 but then went negative again in 2020-21, according to Kearney’s Reshoring Index. Reshoring is a complex and expensive proposition, and it has been difficult for reshoring proponents to maintain consistent progress in their efforts to bring manufacturing assets back to American shores. However, we must also consider that we’re well into our third year of pandemic-related supply chain disruptions. The latest predictions say the supply chain will remain volatile through 2023—or longer. Will 2022 Be Reshoring’s Year? Improving the ... Read More

Can Your Fulfillment Operation Handle Rising Parcel Rates?

The ongoing boom in eCommerce has driven a shortage of industrial real estate, exacerbated an existing driver shortage, and placed additional strain on major U.S. ports. Unfortunately, record sales volumes and tight transportation capacity have resulted in most major parcel carriers raising rates by 5.9% in 2022. Additionally, peak season surcharges have become the norm for parcel carriers, further driving up shipping costs during high crucial sales periods. As parcel shipping rates continue to rise, eCommerce businesses must find ways to mitigate the impact on ... Read More

Three Challenges to Industrial Real Estate Conversions

The industrial real estate crunch shows no signs of relief any time soon, with some experts now saying we can expect low availability through 2023. With industrial demand soaring and rents still climbing, industry stakeholders have explored numerous ways to create new industrial inventory. One way involves converting underutilized commercial real estate properties from other verticals for industrial use. With no shortage of unused office or retail space on the market, desperate industrial tenants may wonder why those properties can’t be used as warehouses or ... Read More

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