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

COVID-19 Industrial Real Estate Industry Update – December 2021

Few business sectors have experienced growth and success over the last two years, but industrial real estate has stood apart since the onset of COVID-19 in early 2020. The pandemic spurred numerous trends which have continued to benefit industrial real estate owners, real estate investment trusts (REITs), developers, and other industry players. Though most other commercial real estate sub-sectors struggled, industrial has steadily led the pack throughout the pandemic.How COVID-19 Continues to Impact Industrial Real EstateWith only about 60% of the U.S. population vaccinated and ... Read More

COVID-19 Supply Chain/Logistics Industry Update: December 2021

Most of us hoped COVID-19 would be firmly in the rearview mirror by the end of 2021. But unfortunately, the virus continues to cause issues across procurement, logistics, and transportation. For the moment, however, the supply chain has at least begun to show signs of recovery as bottlenecks begin to ease and production in Asia slowly returns to normal. However, recovery won’t happen overnight. As a result, business leaders must continue planning for pandemic-related disruptions in the near term. This article will discuss some of ... Read More

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