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Sellers Absorbent Raising $2.2 Million in Debt

As reported on biztimes.com written by Molly Dill A company affiliated with Milwaukee-based Sellars Absorbent Materials Inc. is raising $2.2 million in debt, options, and securities, according to a new SEC filing. The filing indicates Sellars Mezz Debt Investors LLC has so far raised $800,000 from two investors. The round began July 19. Tom Sellars, chairman, and chief executive officer of Sellars Absorbent, said the company has expanded its financing with its banks, and the $2.2 million is part of that financing, to be used ... Read More

2020-05-07T18:45:51+00:00August 3rd, 2018|Articles, Frank Crivello, Frank P. Crivello, Milwaukee|

SELLARS ABSORBENT MATERIALS TO MOVE INTO MIDTOWN FORMER LOWE’S BUILDING

As reported on biztimes.com written by Arthur Thomas Milwaukee-based Sellars Absorbent Materials Inc. will lease the former Lowe’s store building in the Midtown Center on Milwaukee’s northwest side, Phoenix Investors, the building’s owner, announced Monday. The 134,000-square-foot building at 5800 W. Hope Ave. has been vacant since the Lowe’s store closed in 2009. Phoenix bought the property in 2016 for $1.5 million. In April, Phoenix sought approval to allow an indoor wholesale and distribution facility as a permitted use in the building. At the time, ... Read More

2020-06-29T19:14:51+00:00July 5th, 2018|Articles, Frank Crivello, Frank P. Crivello|

Former Lowe’s in Midtown Center Attracts Sustainable Company

As reported on businessinsider.com MILWAUKEE, July 2, 2018 /PRNewswire/ — An affiliate of Phoenix Investors (“Phoenix“), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it signed a lease for approximately 134,000 square feet with Sellars Absorbent Materials, Inc. (“Sellars”) in the former Lowe’s Home Improvement store located at 5800 W. Hope Avenue in Milwaukee, Wisconsin (“Property”). The property was built in 2004 and has been vacant since Lowe’s closed this location in 2009. Since the store closure, the building became a blight ... Read More

2020-07-02T14:42:24+00:00July 2nd, 2018|Articles, Frank Crivello, Frank P. Crivello, Press Releases|
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