Projects

Wide Open Spaces

Refurbishment of Maytag Plant 2 well underway by Phoenix Investors As reported in the Newton Daily News: Clean, usable, open space — that is what greeted the brokers viewing the former Maytag Plant 2 during an open house on Wednesday. Phoenix Investors, the commercial real estate firm which purchased the property for $6.7 million in 2015, hosted more than a dozen brokers whose clients have shown interest in leasing the newly refurbished building. Totaling more than 1.3 million square feet, the building, which hadn’t been ... Read More

2019-10-31T08:48:45+00:00March 30th, 2017|Projects|

Whirlpool sells two shuttered plants

As reported in the Herald Palladium: BENTON HARBOR — A Wisconsin investment group bought two dormant plants from Whirlpool Corp. The Milwaukee-based firm, known as Phoenix Investors LLC, closed on the two-property deal last week. It includes plants in Fort Smith, Ark., and Cleveland, Tenn. Terms of the deal were not released. “We outgrew our former manufacturing site in Cleveland a few years back and built a state-of-the-art facility just a few miles away,” Jeff Noel, vice president of communications and public affairs, said in ... Read More

2019-10-31T08:49:17+00:00February 23rd, 2017|David Marks, Frank Crivello, Projects|

Phoenix Investors Acquire Whirlpool Corporation Property in Fort Smith, Arkansas

As reported in PR Newswire: Whirlpool Corporation announces the sale of its remaining manufacturing building and surrounding land in Fort Smith Arkansas to an affiliate of Milwaukee-based Phoenix Investors. It will be the first Arkansas project for the real estate group and will include a complete renovation of the former Whirlpool Complex suitable for use by warehousing, industrial or manufacturing companies. Phoenix Investors’ portfolio totals approximately 17 million square feet across 22 states. Over the last three years Phoenix Investors has acquired six former Whirlpool ... Read More

2019-10-31T08:50:21+00:00February 22nd, 2017|Projects|