Milwaukee

Phoenix Investors Wins CoStar Power Broker Award

CoStar Group, Inc., the data/analytics leader of the commercial real estate industry, just announced this year’s Power Broker Award recipients, recognizing professionals and firms who closed the highest transaction volume in commercial real estate deals and leads in their respective markets. Phoenix Investors has been recognized as the most active local dealmaker in their market with the prestigious industry award. The CoStar Power Broker Awards also recognize professionals ranging from office leasing, retail leasing, industrial leasing, and sales.For a complete listing of winners, please visit ... Read More

2020-04-21T14:34:34+00:00March 12th, 2020|Articles, Awards, Frank P. Crivello, Milwaukee|

Sears Sells North Highland Warehouse to MKE-Based Firm

As reported in the Milwaukee Business Journal A Sears subsidiary just sold a vacant, 1.4 million-square-foot facility on North Highland Street to Milwaukee-based Phoenix Investors. Sears built most of the facility — massive, for its day — in 1973, at 3456 Meyers Road, at the corner of Highland in Memphis' Douglass neighborhood. It sold the building and 39 acres of nearby land to Phoenix Investors for $8.2 million. The nearby land — home to a parking lot and a detention pond — was part of a separate ... Read More

2020-05-06T15:09:15+00:00January 8th, 2020|Articles, Done Deals, Frank P. Crivello, Kurt Jensen, Milwaukee, Projects|

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