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.

Finding Cold Storage Space in a Tight-Capacity Market

Though numerous industries rely on cold storage assets to safely store products, the U.S. cold chain wasn’t prepared for the massive surge in grocery e-commerce during the coronavirus pandemic. Online grocery sales grew by more than 50% year-over-year, pushing cold chain real estate near capacity across the country. The cold chain in the United States will need at least 100 million square feet of additional space over the next five years. The cold chain also has a cryogenic subsector that primarily serves the pharmaceutical industry. ... Read More

2021-02-10T20:03:52+00:00February 10th, 2021|Articles, Frank P. Crivello, Milwaukee|

Logistics Sector Steps Up to Distribute the COVID-19 Vaccine

When COVID-19 vaccines started receiving emergency approval at the end of 2020, it seemed a sure bet that vaccines would be readily available to the most vulnerable U.S. citizens by January 2021. Unfortunately, supply chain hiccups ultimately hampered the success of early distribution efforts. As the Biden administration strives to implement better federal oversight to stick to a promise of administering 100 million vaccines in its first 100 days, it is becoming clear that federal and state governments will need significant assistance from the private ... Read More

2021-01-29T18:58:29+00:00January 29th, 2021|Articles, Frank P. Crivello, Milwaukee|

Former LSC plant in Mattoon has new owner

As reported by Journal Gazette & Times-Courier MATTOON — The shuttered LSC Communications Printing Co. plant in Mattoon has been purchased by a national commercial real estate firm that specializes in revitalizing former manufacturing facilities. Affiliates of Phoenix Investors, headquartered in Milwaukee, Wisconsin, on Tuesday announced the year-end acquisitions of the former LSC plant along north U.S. Route 45 and three other industrial properties elsewhere in the United States. The new owner reported that the Mattoon property comprises approximately 1.1 million square feet of improvements on 84 acres. Phoenix ... Read More

2021-01-08T21:41:34+00:00January 8th, 2021|Articles, Frank P. Crivello, Milwaukee|
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