Phoenix Investors Announces Acquisition of Waseca, MN Flex Building

As reported by PR Newswire Affiliates of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced the acquisition of a multi-tenant flex building in Waseca, Minnesota. This acquisition expands Phoenix's footprint to 23 states. Phoenix will be implementing a capital improvement plan to reinvigorate the space for new users. Currently, the property offers approximately 110,000 square feet of space available for lease. The city of Waseca is centrally located at the crossroads of major highways and a short commute ... Read More

Making Industrial Properties Appealing to a New Generation of Tenants

The U.S. industrial real estate sector continues leading the commercial real estate pack thanks to an ongoing e-commerce boom that has drastically expanded needs for fulfillment and warehouse space. Even with space at a premium, however, some of the forward-thinking, tech-savvy online sellers have turned up their noses at older and outdated industrial properties. The newest generation of industrial tenants brings with them an updated list of wants and needs that landlords must eventually accommodate if they want their properties to remain relevant. Here are ... Read More

Pandemic-Driven Industrial Real Estate Trends That Will Last Beyond 2021

COVID-19 knocked every industry out of its familiar patterns. While office space, retail, hotels, and other sectors of commercial real estate suffered serious losses in 2020, industrial thrived on demand for fulfillment and warehousing space. Given the unprecedented nature of the global pandemic, it’s been difficult to determine what pandemic trends will remain in a post-pandemic world. All Americans will become eligible for COVID-19 vaccinations starting on May 1st, 2021, which has many business leaders focused on what a return to “normal” will look like. ... Read More

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