Kurt Jensen

PHOENIX INVESTORS BUYS ALABAMA FACTORY PROPERTY FOR $5.1M

As reported in the Birmingham Business Journal By Hanno van der Bijl A commercial real estate firm based in Milwaukee is expanding into the Yellowhammer state. Phoenix Investors has acquired the former Chesebrough-Pond's industrial plant in Huntsville for $5.1 million. The 359,000-square-foot building is located at 1000 James Record Road. “Phoenix Investors is proud to expand across 22 states in our portfolio after this acquisition in Alabama,” said Senior Vice President of Acquisition and Leasing for Phoenix Investors Kurt Jensen. “We look forward...

New details on future of old auto supplier site

As reported on wnem.com:   By Brianna Owczarzak FLINT, MI (WNEM) - An old reminder of one city's past is making way for its brighter future. A massive complex once home to an auto parts supplier could be welcoming a brand new tenant and revitalizing an area looking for a big boost. Phoenix Investors are coming to Flint. "The Center Street property will be renovated over the next year. We want to attract a high quality distribution type tenant or a manufacturing type tenant," said...

Phoenix Investors to pump 12 million dollars into former Delphi Flint East plant to attract new tenant

As reported on abc12.com: By Amy Hybels WATCH: Phoenix Investors to pump 12 million dollars into former Delphi Flint East plant to attract new tenant FLINT, Michigan (WJRT) - (10/16/2017) - "We've learned and proven that if we fix it, they will come," said Frank Crivello, Chairman and Founder of Phoenix Investors. New owners have paid more than 3-million dollars for the former Delphi Flint east property. Phoenix Investors says it's in talks with possible tenants for the site-- But until then they plan...

Residents invited to hear future plans for former Delphi East site

As reported on abc12.com: By Mark Bullion   FLINT (WJRT) - (10/16/17) - Community members are being invited to hear future plans for the former Delphi East site in Flint. The property, which has been vacant since 2013, was recently sold to Wisconsin based Phoenix Investors for $3.15 million, according to a press release. "It will be great to have that eyesore cleaned up and become something useful," said Eastside Coalition Chairman Clarence Campbell. No official plans have been made public as to what will be done...

Wisconsin company makes second multi million-dollar Flint property purchase

As reported on mlive.com: By Dominic Adams FLINT, MI - A Wisconsin based real-estate firm has purchased its second commercial building in Flint in the last two weeks. An affiliate of Phoenix Investors has bought a 460,000-square-foot building next to Bishop Airport where Android Industries is currently located, the company said. The building at 4444 W. Maple Ave., was purchased for $19.5 million and the sale was closed on Thursday, Oct. 12, according to Phoenix Spokesman Buddy Julius. "It's an area that we think that...

Phoenix Investors Expands MI Portfolio With 550 KSF Buy

As reported on cpexecutive.com: By Evelyn Jozsa The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants. An affiliate of Phoenix Investors has acquired Delphi Flint East, a former assembly plant in Flint, Mich. The property, totaling more than 550,000 square feet, changed hands for $3.2 million. River Valley Bank provided the senior mortgage financing and Paul Hoge of Signature & Associates brokered the transaction. The...

Delphi Flint East, former AC Spark Plug building bought for $3.15 million

As reported by Crowdz: FLINT, MI – A shuttered automotive plant may see new life after a Wisconsin-based commercial real estate firm purchased the former Delphi Flint East industrial plant. The 550,000-square-foot building on the property near Dort Highway and Robert T. Longway Boulevard was bought by an affiliate of Phoenix Investors, according to a statement from the company on Monday, Oct. 2. Phoenix Investors paid $3.15 million for the property, the statement said. The release from the company did not specify what,...