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 a 3PL Help With Your Fulfillment Labor Shortage?

The supply chain struggled with labor issues long before the rest of the corporate world caught on to the trend. Unfortunately, those numbers haven’t improved after several years of unprecedented supply chain volatility. For example, warehouses struggled with a 49% turnover rate in 2021, while transportation has famously suffered from a truck driver shortage for almost two decades. Industry-wide labor shortages make it difficult for fulfillment centers to stay properly staffed, and logistics operations aren’t alone. More than 4 million U.S. workers quit their jobs ... Read More

4 Ways the Great Resignation is Impacting Industrial Real Estate

Most of the world is currently dealing with a phenomenon known as “The Great Resignation.” This name refers to an ongoing trend of corporate employees quitting their jobs in large numbers due to inadequate pay or benefits, cost of living in their region, COVID-19 health policies, desire for remote work, general job dissatisfaction, and many other reasons. While the labor market will inevitably find ways to correct itself, the timing of when this could happen remains fuzzy. In the meantime, every labor market segment is ... Read More

How Do Supply Chain Issues Impact Industrial Real Estate Availability?

The landscape for industrial properties looks very different than it did several years ago, largely due to continuous adjustments within the industry in response to major world events. A U.S. - China trade war, a global pandemic, and worsening natural disasters have all played some role in disrupting the supply chain and, consequently, shaping the industrial sector. Although the global supply chain has shown signs of improvement in recent months, years of supply chain volatility have created a lasting impression on industrial real estate. The ... Read More

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