Frank Crivello

Frank P. Crivello

Mr. Frank P. Crivello began his real estate career in 1982, focusing his investments in multifamily, office, industrial, and shopping center developments across the United States. From 1994 to 2008, Mr. Crivello assisted Phoenix Investors in its execution of its then business model of acquiring net lease commercial real estate across the United States. Since 2009, Mr. Crivello has assisted Phoenix Investors in the shift of its core focus to the acquisition of industrial real estate throughout the country. Given his extensive experience in all aspects of commercial real estate, Mr. Crivello provides strategic and operational input to Phoenix Investors and its affiliated companies. Mr. Crivello received a B.A., Magna Cum Laude, from Brown University and the London School of Economics, while completing a double major in Economics and Political Science; he is a member of Phi Beta Kappa. Outside of his business interests, Mr. Crivello invests his time, energy, and financial support across a wide net of charitable projects and organizations.

Can Industrial Real Estate Handle the Safety Stock Boom?

At the height of the COVID-19 pandemic, retailers started to run out of inventory, and manufacturers ran out of raw materials to make more. As a result, stockouts among U.S. retailers jumped from 14% in 2019 to 35% in May of 2020. Nearly two years later, many retailers continue struggling to keep goods on the shelves in the face of increased demand. Many manufacturers still can’t get the essential components they need, such as semiconductors, steel, wood, and much more. These ongoing inventory shortages have ... Read More

What Does the Labor Shortage Mean for Your Supply Chain?

A talent shortage continues to create problems for American businesses across all industries. While the pandemic gets the brunt of the blame for ongoing supply chain disruptions, the logistics and transportation labor shortage makes it increasingly difficult for companies to mitigate supply chain risk. The truck driver shortfall hit 80,000 drivers in 2021 and is expected to grow to 160,000 by 2030. Meanwhile, 61% of respondents to a Peerless Media survey reported they are hiring warehouse workers to address materials handling, logistics, and supply chain ... Read More

Warehouse Hoarding: Is Industrial Real Estate the New Toilet Paper?

Remember the first half of 2020 when our biggest fear was running out of toilet paper? It was something we all needed, and there wasn't enough to go around. That realization caused consumers to panic-buy as much toilet paper as they could before it ran out, further contributing to the growing toilet paper shortage. The industrial real estate sector is seeing a similar trend right now with warehouses. Warehouse capacity remains at record lows across the United States, while demand keeps rising. As projections for ... Read More

Go to Top