Private Milwaukee Group Buys Several Whirlpool Properties

As reported in Moody on the Market: A prolific private real estate company based in Wisconsin has purchased sizable buildings and land in two states from Whirlpool Corporation with plans to renovate and place them back onto the open market going forward. Phoenix Investors of Milwaukee, whose portfolio totals approximately 17-million square feet across 22 states, has purchased Whirlpool’s last remaining manufacturing building and surrounding land in Fort Smith, Arkansas in one transaction and Whirlpool’s former manufacturing Plant Three property on Euclid Avenue in Cleveland, ... Read More

2020-07-24T14:31:50+00:00February 22nd, 2017|Articles, David Marks, Projects|

Phoenix Investors buys Whirlpool industrial complex for redevelopment

As reported on Square Footprint: Whirlpool Corp. has sold 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 plants as ... Read More

2020-07-24T20:39:30+00:00February 22nd, 2017|Projects|

Whirlpool plant building lands a buyer

As reported in the Northwest Arkansas Democrat Gazette: An investment group from Wisconsin has purchased the largest building in the long vacant Whirlpool plant complex in Fort Smith, with plans to renovate the space to eventually operate as a hub for other companies. The 1.5 million-square-foot building on Jenny Lind Road, which includes 300,000 square feet of mezzanine space, has been on the market since the Whirlpool plant closed in 2012. Phoenix Investors of Milwaukee closed on the building last week. The terms of the ... Read More

2020-07-24T20:46:12+00:00February 22nd, 2017|Projects|
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