Kurt Jensen

Phoenix Investors Acquires Former Sears Facility

Milwaukee-based Phoenix Investors purchased a 1.4 million-square-foot facility from a Sear subsidiary. The acquisition is Phoenix's second in the Memphis area. Kurt Jensen, Phoenix's Senior Vice President of Acquisitions and Leasing said Phoenix has received "more national search inquiries for the Memphis market than any other MSA. The combination of geographic location, transportation infrastructure, and affordable market rents make it the ideal marketplace to serve tenants searching for distribution east of the Rockies," Jensen said. Read the full article in the Milwaukee Business Journal.

2024-08-05T21:20:29+00:00January 8th, 2020|Acquisitions & Projects, Blog, Kurt Jensen, Press|

Phoenix Investors Concludes 2019 with Acquisition of Sears Distribution Center

MILWAUKEE, WI (January 6, 2020) – An affiliate of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired an approximately 1,400,000 square-foot industrial facility located at 3456 Meyers Road in Memphis, Tennessee. The property is currently vacant and will be marketed to new users for lease. Originally built in 1973 with an addition in 1981, the facility is a Class B former distribution center for Sears. The property has clear ceiling heights ranging from 24 feet to ... Read More

Phoenix Investors Renovates Former Delphi Building

Phoenix Investors held an inaugural event at the former Delphi East building in Flint, MI after making a $25 million investment in the purchase and rehabilitation of the property. Genesee Packaging is the anchor tenant at the facility while a portion of the building continues renovation. Several prospective tenants are interested in leasing portions of the warehouse; anticipated completion is slated for early 2020. “This space could be finished even sooner if we meet the right client,” said Phoenix's Senior Vice President of Acquisition and ... Read More

2024-08-05T21:25:12+00:00October 17th, 2019|Acquisitions & Projects, Blog, Kurt Jensen|
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