Press Releases

PHOENIX INVESTORS ACQUIRES THREE ADDITIONAL ILLINOIS INDUSTRIAL PROPERTIES

Company purchases over 1.8 million square feet MILWAUKEE, WI (June 25, 2019) – Affiliates of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced the acquisition of three industrial properties totaling approximately 1,800,000 square feet located in Galesburg and Decatur, Illinois. The subject acquisition brings Phoenix’s overall portfolio to approximately 27,000,000 square feet across 25 states. The Galesburg Illinois assets were originally constructed by Maytag between 1974 and 1996 and then acquired by Whirlpool Corporation. Phoenix’s...

PHOENIX INVESTORS TO CONVERT MOUNT PLEASANT INDUSTRIAL FACILITY INTO SELF-STORAGE

As reported on prnewswire.com MILWAUKEE, March 18, 2019 /PRNewswire/ -- An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it is converting its industrial facility located at 7505 Durand Ave in Mount Pleasant, Wisconsin into one of the largest self-storage facilities in the market. Consisting of approximately 200,000 square-feet, Phoenix intends on adding up to 2,000 self-storage units to the property. Located in a mixed-use area with a variety of retail and industrial uses,...

PHOENIX INVESTORS ACQUIRIES TWO INDUSTRIAL BUILDINGS IN CHESAPEAKE, VA

MILWAUKEE, WI (August 8, 2018) – An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired two (2) industrial buildings totaling approximately 334,000 square feet for $8,825,000 located at 2620 and 2626 Indian River Road in Chesapeake, Virginia. "The subject acquisition represents our entry into Norfolk's tight industrial market. With an overall market vacancy rate of 3.9% and limited quality inventory within proximity, these properties are well positioned for future value-add...

FORMER LOWE’S IN MIDTOWN CENTER ATTRACTS SUSTAINABLE COMPANY

As reported on businessinsider.com MILWAUKEE, July 2, 2018 /PRNewswire/ -- An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it signed a lease for approximately 134,000 square feet with Sellars Absorbent Materials, Inc. ("Sellars") in the former Lowe's Home Improvement store located at 5800 W. Hope Avenue in Milwaukee, Wisconsin ("Property"). The Property was built in 2004 and has been vacant since Lowe's closed this location in 2009. Since the store closure, the building...