Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced a contribution totaling $50,000 was made to Pathfinders Milwaukee, Inc. ("Pathfinders"), a nonprofit organization dedicated to bringing safety, hope, and healing to youth in crisis in the Greater Milwaukee area. "We've been a long-time supporter of Pathfinders and believe their mission is noble," said Frank Crivello, Founder & Chairman in an official statement. "Our youth face so many challenges in today's world; it's a comfort to know that organization like Pathfinders not only exist but make ... Read More
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.
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