Acquisitions & Projects Archives

Phoenix Investors Acquires Regal Rexnord Campus in West Milwaukee

An affiliate of Phoenix Investors, LLC has acquired Regal Rexnord’s West Milwaukee campus. This acquisition adds 56 acres to Phoenix’s portfolio and has opportunities for mixed-use redevelopment. While discussions are ongoing between village officials and Phoenix executives about the comprehensive plan for the property, Phoenix’s goal is to revitalize the site to benefit the West Milwaukee community. Click here to read the full article by Tom Daykin of The Milwaukee Journal Sentinel.

Phoenix2025-02-26T15:49:11+00:00February 3rd, 2025|Acquisitions & Projects, Blog|

Elon Musk, xAI and a big supercomputer in Memphis: A look at plans for the massive project

Elon Musk’s xAI is building an Artificial Intelligence Center in a Phoenix Investors facility in Memphis, Tennessee; Phoenix purchased the 785,000-square-foot facility in December 2023 from Electrolux Group. With this investment, Memphis will be home to the world’s largest supercomputer. The project is expected to open in late 2024 and boost jobs and economic activity in the Memphis area. Check out the full article by Neil Strebig at Commercial Appeal.

Phoenix2024-08-02T17:48:58+00:00June 7th, 2024|Acquisitions & Projects, Blog, Phoenix Companies|

Redevelopment of the Year for Roanoke

Former GE Plant Gets New Life With Global Vehicle Parts Manufacturer’s $32 Million Investment As first published by Allen Johnson & Christian Taylor for CoStar. The revival of a former General Electric plant has shown the strength of the Roanoke, Virginia industrial market with a big new tenant and plans for expansion. STS Group, a global supplier of vehicle parts, signed a 15-year lease at 1501 Roanoke Blvd.in Salem, Virginia. The German company seeks to establish its North American headquarters and a manufacturing operation on ... Read More

Phoenix2024-08-02T17:52:44+00:00March 28th, 2024|Acquisitions & Projects, Blog, David Marks, Phoenix Companies, Phoenix Team, Press|