J.C. PENNEY’S WAUWATOSA DISTRIBUTION CENTER SOLD FOR $31.3 MILLION

As reported in Biztimes.com By Corrinne Hess An affiliate of Milwaukee-based Phoenix Investors purchased the JCPenney Logistics Warehouse and Furniture Outlet Center in Wauwatosa for $31.25 million. The 2 million-square-foot building is located on 77 acres at 11800 W Burleigh St., just west of I-41. The property is assessed by Milwaukee County for $22.8 million. J.C. Penney Co. announced on Feb. 13 it would close the distribution center and call center beginning this summer and lay off a total of 670 employees. Phoenix Investment plans ... Read More

The Milwaukee Business Journal’s 2017 40 Under 40 winners are here

The Milwaukee Business Journal has unveiled its full list of winners for the 40 Under 40 awards of 2017. This year, the Journal pored over hundreds of deserving candidates to pinpoint the young professionals who best represent the future of community leadership in southeastern Wisconsin. Click here to see all the winners and read the full article. About Phoenix Investors In 1991, Frank P. Crivello created two private trusts, Irrevocable Children’s Trust and Irrevocable Children’s Trust No.2 (the “Trusts”), for the benefit of his children, ... Read More

2021-06-03T21:21:03+00:00January 7th, 2017|Articles, Frank Crivello, Frank P. Crivello, Milwaukee|
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