Acquisitions & Projects

Phoenix Investors Acquires Original Whirlpool Corporation Campus in Cleveland, Tennessee

BENTON HARBOR, Mich., Jan. 6, 2022 – Whirlpool Corporation (NYSE: WHR) announced today the sale of its original Cleveland, Tenn., manufacturing campus to an affiliate of Phoenix Investors. Whirlpool Corporation built a new plant and warehouse in Cleveland in 2012 at a separate site. On the original campus, Whirlpool recently completed the demolition of manufacturing buildings and continues to occupy the distribution warehouse on the property. The original campus comprises approximately 77 acres and a 150,000 sq. ft. warehouse. Phoenix Investors, a national commercial ... Read More

2024-08-02T21:00:45+00:00January 6th, 2022|Acquisitions & Projects, Blog, Frank Crivello, Frank P. Crivello|

New Details Surface of Recent Land Sale in Gateway Business Park

As Published by Beloit Daily News BELOIT—New details have emerged regarding the plan to develop a 56-acre property in Beloit’s Gateway Business Park following a land sale approved by the Beloit City Council. As previously reported by the Beloit Daily News, the council took action to approve the sale of 56.27 acres at 1901 Gateway Blvd. in the business park to Milwaukee-based Phoenix Investors LLC for $562,700. City of Beloit Economic Development Director Jennifer Hall said on Monday the company will build a 500,000-square-foot, ... Read More

2024-08-02T21:04:35+00:00November 9th, 2021|Acquisitions & Projects, Blog, Press|

Former Murphy Warehouse Sold to Wisc. Group

As published by The Tube City Almanac  A Wisconsin-based investment group is purchasing the former G.C. Murphy Co. distribution center in Christy Park and plans to “immediately commence upgrades to the facility to accommodate new tenant occupancy.” Phoenix Investors LLC announced Monday that it will purchase the 627,000-square-foot facility, which stretches over 36 acres between 28th and 35th avenues. The building has been occupied since 1995 by Magic Creations, which manufactures and distributes plastic housewares and other items to discount stores. The company will continue ... Read More

2024-08-02T21:08:20+00:00October 20th, 2021|Acquisitions & Projects, Anthony Crivello, Blog, Press|
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