Milwaukee

Midwest Investor Snags Industrial Portfolio in Emerging Kentucky, Pennsylvania Markets

As published in CoStar News By Cara Smith-Tenta Affiliates of investment firm Phoenix Investors said it acquired a portfolio of industrial properties divided between Kentucky and Pennsylvania, which CoStar analysts describe as “booming” logistics markets that could emerge from the coronavirus pandemic “relatively unscathed.” Phoenix Investors, a commercial real estate investment firm based in Milwaukee, bought four industrial properties totaling 1.76 million square feet in the greater Lexington, Kentucky, and Pittsburgh, Pennsylvania, metropolitan areas, according to a statement from Phoenix Investors and CoStar research. Ledvance, a lighting manufacturing ... Read More

2020-06-24T19:23:14+00:00June 24th, 2020|Articles, Frank P. Crivello, Milwaukee|

COVID-19’s Impact on Industrial Real Estate

As published in National Real Estate Investor The coronavirus pandemic resulted in unprecedented disruption to the global supply chain. Food suppliers couldn’t get product where it needed to be to reach consumers. Retailers and e-commerce businesses ran out of essential goods such as toilet paper at the first whisper of stay-at-home orders and couldn’t restock because primary suppliers were shuttered. American manufacturers couldn’t access raw materials and key components for the same reason. As stay-at-home orders began to expand, manufacturers found themselves temporarily closed. Distribution ... Read More

2020-06-24T15:05:49+00:00June 24th, 2020|Articles, Frank P. Crivello, Milwaukee|

Phoenix Investors Acquires Industrial Portfolio From LEDVANCE

As reported in PR Newswire MILWAUKEE, June 22, 2020 -- Affiliates of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced its acquisition of a portfolio of four industrial properties from LEDVANCE totaling approximately 1,600,000 square feet. These former LEDVANCE plants are located in Versailles, KY; Winchester, KY; St. Marys, PA; and Wellsboro, PA. LEDVANCE, https://www.ledvance.com, is one of the world's leaders in general lighting for lighting professionals as well as end users, offering a broad variety of LED luminaires, advanced LED lamps, intelligent Smart Home & ... Read More

2020-08-04T18:20:57+00:00June 22nd, 2020|Articles, Frank P. Crivello, Milwaukee, Press Releases|
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