Projects

Phoenix Investors purchases three former Whirlpool facilities

As reported in Milwaukee BizTimes: Acquisition increases company’s portfolio to 17 million square feet of industrial space Milwaukee-based Phoenix Investors LLC, continues to grow its industrial portfolio with the purchase of three former Whirlpool manufacturing facilities, all outside of Wisconsin. The properties, ranging in size from 229,781 square feet to 1.6 million square feet, are located in Cleveland, Tenn., Evansville, Ind. and Fort Smith, Ark. Over the last three years, Phoenix Investors has purchased six former Whirlpool plants as part of its overall business plan ... Read More

2019-10-31T08:53:45+00:00February 21st, 2017|Projects|

Whirlpool sells 1.2 million square foot shuttered plant in Fort Smith to Phoenix Investors

As reported in Talk Business & Politics: Whirlpool Corp. has sold its 1.2 million square foot manufacturing plant in Fort Smith to Milwaukee, Wisc.-based Phoenix Investors. Whirlpool closed the refrigerator plant in June 2012, with most production being moved to Mexico. Terms of the deal were not disclosed. Phoenix’s plans for the facility include collaborating with other logistics and distribution enterprises to offer a centrally located hub for several companies, according to a statement from the Fort Smith Regional Chamber of Commerce. The deal is ... Read More

2019-10-31T08:54:04+00:00February 21st, 2017|Projects|