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Finding Cold Storage Space in a Tight-Capacity Market

Though numerous industries rely on cold storage assets to safely store products, the U.S. cold chain wasn’t prepared for the massive surge in grocery e-commerce during the coronavirus pandemic. Online grocery sales grew by more than 50% year-over-year, pushing cold chain real estate near capacity across the country. The cold chain in the United States will need at least 100 million square feet of additional space over the next five years. The cold chain also has a cryogenic subsector that primarily serves the pharmaceutical industry. ... Read More

2021-02-10T20:03:52+00:00February 10th, 2021|Articles, Frank P. Crivello, Milwaukee|

Logistics Sector Steps Up to Distribute the COVID-19 Vaccine

When COVID-19 vaccines started receiving emergency approval at the end of 2020, it seemed a sure bet that vaccines would be readily available to the most vulnerable U.S. citizens by January 2021. Unfortunately, supply chain hiccups ultimately hampered the success of early distribution efforts. As the Biden administration strives to implement better federal oversight to stick to a promise of administering 100 million vaccines in its first 100 days, it is becoming clear that federal and state governments will need significant assistance from the private ... Read More

2021-01-29T18:58:29+00:00January 29th, 2021|Articles, Frank P. Crivello, Milwaukee|

Phoenix Investors: New Owner of Former LSC Plant in Mattoon

Affiliates of Phoenix Investors purchased the shuttered LSC plant in Mattoon, IL. The acquisition aligns with Phoenix's legacy of revitalizing former industrial properties and was also announced alongside three other acquisitions , brining their year-end acquisition totals to just under 9.5 million square feet. "We were pleased to work with LSC as it winds down and sells certain shuttered former print manufacturing plants across the United States," said Frank Crivello, Phoenix Investors' Chairman & Founder in a release. Read the full article by the Journal Gazette ... Read More

2021-04-26T22:18:05+00:00January 8th, 2021|Articles, Frank P. Crivello, Milwaukee|
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