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Phoenix Investors buys two more large industrial buildings

As reported on bizjournals.com: Sean Ryan, Reporter Phoenix Investors added another 1 million square feet to its growing portfolio of industrial building. The Milwaukee-based company on Wednesday announced the $25.8 million purchase of buildings in Jefferson and Beloit that are nearly fully leased. The company now holds about 17 million square feet of properties in 22 states, and has grown rapidly after the recession under a core strategy of buying and rehabbing empty or underused industrial buildings. "These acquisitions represent our entry...

Phoenix Investors Expands WI Industrial Footprint

As reported on cpexecutive.com: Timea Papp Phoenix Investors completed the purchase of two industrial properties in Beloit and Jefferson, Wis., through one of its affiliates. The assets changed hands in a $25.8 million deal and encompass more than 1 million square feet of industrial space. Wisconsin Bank and Trust provided the acquisition financing. VALUE-ADD OPPORTUNITIES   The property located at 351 Collins Road in Jefferson, Wis., features up to 30-foot clear ceilings and boasts 591,840 square feet. The distribution warehouse is fully leased and is...

Restaurant group, community leaders throw Sherman Park revival party

As reported on biztimes.com: Mark Kass, Editor-in-Chief, Milwaukee Business Journal   It was quite the party Sunday afternoon in the Sherman Park area as business and community leaders gathered to host the first annual Sherman Park Revival Celebration. Check out the attached slideshow to see photos from the community gathering. The event was put together by the Milwaukee Kitchen Cabinet, a group of Milwaukee-area restaurants which includes SURG Restaurant Group, and Milwaukee Public Schools administrators. At the event, 250 pre-selected Milwaukee Public Schools students received...

Amazon.com, Japanese firm explored Racine County before Foxconn

As reported on biztimes.com: Sean Ryan, Reporter Milwaukee Business Journal “People are now seeing Racine as something that really gives you the benefit of both markets, and it has taken time for the market to realize that,” said David Marks, president and CEO of Phoenix Investors in Milwaukee. Phoenix Investors in 2013 bought an existing building in Mount Pleasant, and currently owns 62 surrounding acres for more development on Durand Avenue. Phoenix has prepared 18 acres for construction of a 130,000-square-foot building, said senior vice president Kurt...

This City Is Counting on Trump to Spend Big on Infrastructure

As reported by NBC News: By JACOB SOBOROFF and AARNE HEIKKILA FORT SMITH, Arkansas — President Donald Trump promised a $1 trillion infrastructure investment over ten years that he said would rebuild American cities and create millions of new jobs. Here in Arkansas' second-largest city, where Trump won overwhelmingly in 2016, residents eagerly await details of a bill and see it as key to turning their fortunes around. Fort Smith holds a Gallup poll distinction most cities want desperately to avoid — its...

Phoenix Investors breaks ground at former Whirlpool building in Fort Smith

As reported by the Times Record: By Thomas Saccente / Times Record / tsaccente@swtimes.com The Milwaukee-based firm Phoenix Investors LLC held a groundbreaking ceremony at 6400 Jenny Lind Road in Fort Smith Thursday to celebrate the company’s purchase of the former Whirlpool manufacturing facility at that location. The building was formerly used to manufacture refrigerators and freezers. A joint news release from the Arkansas Economic Development Commission and the Fort Smith Regional Chamber of Commerce states Phoenix Investors will invest more than $10...

Phoenix Investors to spend $10 million on former Whirlpool plant, already in talks with tenant prospects

As reported by Talk Business & Politics: Officials with Phoenix Investors say the former Whirlpool manufacturing facility in Fort Smith is a “diamond in the rough” and they plan to spend $10 million in the next 6 to 9 months to open and brighten the inside with white paint and new lighting. Milwaukee, Wisc.-based Phoenix Investors – through Phoenix JCR Fort Smith Industrial Investors LLC – bought the 1.136 million square foot plant for $3.25 million. The transaction date was Feb. 15. The...

Phoenix Investors joins local and state leaders to celebrate the purchase of former Whirlpool facility

As reported by the Arkansas Economic Development Commission: Phoenix Investors LLC today joined local and state leaders to celebrate the company’s purchase of the former Whirlpool manufacturing facility in Fort Smith. The company will invest more than $10 million in the 1.5 million square foot facility, located on Jenny Lind Road, making it immediately marketable to companies seeking a new location. Phoenix Investors is a national commercial real estate firm based in Milwaukee, Wisconsin whose core business is the revitalization of former...

Milwaukee’s Coolest Offices: Fully stocked bar, full-time chef among Phoenix Investors offerings

As reported in the Milwaukee Business Journal Phoenix Investors' downtown Milwaukee office has quite a list of features, ranging from a fully stocked bar to a full-time chef to a massage room for employees. Check out the attached slideshow to see photos of the office. The chef prepares free breakfast and lunch daily for the real estate firm's 55 employees in a full kitchen that was included in the buildout of the office space. Not only is it helpful that team members...