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New details on future of old auto supplier site

As reported on   By Brianna Owczarzak FLINT, MI (WNEM) – An old reminder of one city’s past is making way for its brighter future. A massive complex once home to an auto parts supplier could be welcoming a brand new tenant and revitalizing an area looking for a big boost. Phoenix Investors are coming to Flint. “The Center Street property will be renovated over the next year. We want to attract a high quality distribution type tenant or a manufacturing type tenant,” said ... Read More

2020-07-02T14:43:33+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|

Phoenix Investors Acquires Alabama Factory Site

With its acquisition of the former Chesbrough-Pond's plant in Huntsville, AL, Phoenix Investors has expanded its portfolio to 22 states. The deal for the 359,00-square-foot building reportedly totaled $5.1 million. “The proximity to the Huntsville International Airport and I-585 made this a long-term attractive asset for our portfolio,” said Phoenix Investors Chairman & Founder Frank P. Crivello. “We continue to deploy committed capital on our core industrial strategy and seek additional industrial value acquisitions in the Huntsville market and across Alabama.” Click here to read ... Read More

2021-06-07T20:25:10+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|

Wisconsin company makes second multi million-dollar Flint property purchase

As reported on By Dominic Adams FLINT, MI – A Wisconsin based real-estate firm has purchased its second commercial building in Flint in the last two weeks. An affiliate of Phoenix Investors has bought a 460,000-square-foot building next to Bishop Airport where Android Industries is currently located, the company said. The building at 4444 W. Maple Ave., was purchased for $19.5 million and the sale was closed on Thursday, Oct. 12, according to Phoenix Spokesman Buddy Julius. “It’s an area that we think that it’s ... Read More

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