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.

Suez Canal Blocked by The Ever Given

Efforts to move container ship The Ever Given from the Suez Canal lasted for days as more than 40 other vessels were forced to reroute or adjust their trajectories to account for the logistical roadblock. The Ever Given's blockage of the Suez Canal drew into even sharper relief the limitations and weaknesses in a supply chain already compromised by the coronavirus pandemic.   Read the full article at The Detroit News.

2021-04-26T21:55:43+00:00March 24th, 2021|Articles, Frank P. Crivello, Milwaukee|

How Will Retail-to-Logistics Conversions Impact CRE?

Though the COVID-19 pandemic drove business away from brick-and-mortar retail and caused an e-commerce boom, some retail sectors were already struggling to keep physical stores open. More than 9,000 stores closed in 2019. With many additional retail spaces left empty by pandemic-related consolidations and bankruptcies, the commercial real estate sector has struggled to come up with viable alternatives for these properties. Some retailers and property owners have begun experimenting with retail-to-logistics property conversions to meet skyrocketing demand for fulfillment space. For example, Amazon recently opened ... Read More

Incorporating Sustainability Into Your Warehouse Operation

Even if the supply chain sector hadn’t had a global pandemic to contend with, 2020 was still marked by uncontrollable global wildfires and destructive storms. 2020 also tied for the hottest year on record, which climate scientists believe relates directly to the increase in severe weather events and other natural disasters experienced around the world. These disastrous events cause significant disruption in global supply chains, leading industry stakeholders to consider methods for reducing the environmental impact of production, transportation, and storage of goods. As the ... Read More

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