Frank P. Crivello

Frank P. Crivello

Since 1991, Frank P. Crivello has served as the senior advisor to the Trusts and today is Chairman of Phoenix Investors. Given his extensive experience in all aspects of commercial real estate, Mr. Crivello provides strategic and operational input to the Trusts, Phoenix Investors, and affiliated companies.

Mr. Crivello began his real estate career in 1982 focusing his investments in multifamily, office, industrial and shopping center developments across the United States. In 1994, Mr. Crivello shifted his focus to the support of the Trusts. 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.

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. Mr. Crivello 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.

Phoenix Investors Announces Phase Two Of North Normal Industrial Park In Normal, Illinois

As reported on PR Newswire NORMAL, Ill., Dec. 8, 2020 -- An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it will build Phase Two of the North Normal Industrial Park consisting of a 500,000 square-foot addition on approximately 30 acres of land it owns located at 301 West Kerrick Road in Normal, Illinois. In June 2020, Phoenix acquired the partially completed Phase One consisting of 500,000 square feet in the North Normal Industrial Park. Phoenix will complete construction of Phase One in early 2021. ... Read More

2020-12-09T15:12:35+00:00December 8th, 2020|Articles, Frank P. Crivello, Milwaukee|

Rivian Adds Warehouse Space In Normal; More Hiring Planned

As reported on WGLT.org Rivian has leased the Phoenix Investors warehouse in north Normal as part of its ramp-up to production. The company that will make electric vans, SUVs and trucks said it will use the 500,000-square-foot building as a logistical center for parts as the plant moves toward production in 2021. “We’re looking at probably 30-40 Rivian employees that will be on-site at this warehouse location. They will be sorting parts for the vehicle builds as they come in. There will be in the ... Read More

2020-12-09T15:15:19+00:00December 8th, 2020|Articles, Frank P. Crivello, Milwaukee|

Which Manufacturing Sectors Will Benefit Most From Reshoring?

The costs associated with outsourcing manufacturing to China have been steadily climbing over the last decade. Wages for Chinese industrial workers have risen more than 2000 percent in the past 40 years. As a consequence, the cost of using a China-based contract manufacturer has climbed steadily as well. Coupled with the rising costs of international logistics, many U.S. companies have pursued reshoring as a cost-effective production option. The COVID-19 pandemic has accelerated the reshoring trend, with 69 percent of manufacturing and industrial respondents to an ... Read More

2020-11-30T23:17:37+00:00November 30th, 2020|Articles, Frank P. Crivello, Milwaukee|
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