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Whirlpool plant building lands a buyer

As reported on Arkansas Online: An investment group from Wisconsin has purchased the largest building in the long vacant Whirlpool plant complex in Fort Smith, with plans to renovate the space to eventually operate as a hub for other companies. The 1.5 million-square-foot building on Jenny Lind Road, which includes 300,000 square feet of mezzanine space, has been on the market since the Whirlpool plant closed in 2012. Phoenix Investors of Milwaukee closed on the building last week. The terms of the...

Phoenix Investors buys Whirlpool industrial complex for redevelopment

As reported on Square Footprint: Whirlpool Corp. has sold its remaining manufacturing building and surrounding land in Fort Smith, Arkansas, to an affiliate of Milwaukee-based Phoenix Investors. It will be the first Arkansas project for the real estate group and will include a complete renovation of the former Whirlpool Complex suitable for use by warehousing, industrial or manufacturing companies. Phoenix Investors' portfolio totals approximately 17 million square feet across 22 states. Over the last three years Phoenix Investors has acquired six...

PRIVATE MILWAUKEE GROUP BUYS SEVERAL WHR PROPERTIES

As reported in Moody on the Market: A prolific private real estate company based in Wisconsin has purchased sizable buildings and land in two states from Whirlpool Corporation with plans to renovate and place them back onto the open market going forward. Phoenix Investors of Milwaukee, whose portfolio totals approximately 17-million square feet across 22 states, has purchased Whirlpool’s last remaining manufacturing building and surrounding land in Fort Smith, Arkansas in one transaction and Whirlpool’s former manufacturing Plant Three property on Euclid...

Phoenix Investors Acquire Whirlpool Corporation Property in Fort Smith, Arkansas

As reported in PR Newswire: Whirlpool Corporation announces the sale of its remaining manufacturing building and surrounding land in Fort Smith Arkansas to an affiliate of Milwaukee-based Phoenix Investors. It will be the first Arkansas project for the real estate group and will include a complete renovation of the former Whirlpool Complex suitable for use by warehousing, industrial or manufacturing companies. Phoenix Investors' portfolio totals approximately 17 million square feet across 22 states. Over the last three years Phoenix Investors has acquired...

Phoenix Investors purchases three former Whirlpool facilities

As reported in Milwaukee BizTimes: Acquisition increases company's portfolio to 17 million square feet of industrial space Milwaukee-based Phoenix Investors LLC, continues to grow its industrial portfolio with the purchase of three former Whirlpool manufacturing facilities, all outside of Wisconsin. The properties, ranging in size from 229,781 square feet to 1.6 million square feet, are located in Cleveland, Tenn., Evansville, Ind. and Fort Smith, Ark. Over the last three years, Phoenix Investors has purchased six former Whirlpool plants as part of its overall business...

Phoenix Investors buys three former Whirlpool buildings totaling 2.15 million square feet

As reported in the Milwaukee Business Journal: ​Milwaukee-based Phoenix Investors on Friday bought three large manufacturing plants in Arkansas, Indiana and Tennessee from Whirlpool Corp. [edgtf_button size="small" type="" text="Read the full story here" custom_class="" icon_pack="font_awesome" fa_icon="" link="//www.bizjournals.com/milwaukee/news/2017/02/21/phoenix-investors-buys-three-former-whirlpool.html" target="_blank" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="" margin=""]...

Whirlpool sells 1.2 million square foot shuttered plant in Fort Smith to Phoenix Investors

As reported in Talk Business & Politics: Whirlpool Corp. has sold its 1.2 million square foot manufacturing plant in Fort Smith to Milwaukee, Wisc.-based Phoenix Investors. Whirlpool closed the refrigerator plant in June 2012, with most production being moved to Mexico. Terms of the deal were not disclosed. Phoenix’s plans for the facility include collaborating with other logistics and distribution enterprises to offer a centrally located hub for several companies, according to a statement from the Fort Smith Regional Chamber of Commerce. The...

Phoenix Investors Buys Former Whirlpool Plant in Fort Smith

As reported in Arkansas Business: The Fort Smith Regional Chamber of Commerce said Tuesday that Phoenix Investors LLC of Milwaukee had purchased the 1.5 million-SF former Whirlpool manufacturing facility on Jenny Lind Road in Fort Smith. The building has been for sale since the appliance manufacturer closed the plant in 2012. Another building in the complex previously sold. A purchase price was not disclosed. Phoenix Investors purchases single tenant manufacturing sites throughout the country, revitalizes them and markets them to potential occupants. Its portfolio...

Phoenix Investors buys massive Whirlpool building in Fort Smith

As reported in Times Record: A Milwaukee investment firm has purchased the former Whirlpool manufacturing facility on Jenny Lind Road in Fort Smith. Phoenix Investors in Milwaukee has finalized the purchase of the 1.5 million-square-foot building at 6400 Jenny Lind Road, according to an announcement by the Fort Smith Regional Chamber of Commerce. Other Whirlpool distribution buildings were previously purchased by Spartan Logistics and FFO Home. Phoenix's plans for the facility include "collaborating with other logistics and distribution enterprises to offer a centrally...

Company buys Fort Smith’s Whirlpool building, talks new jobs

As reported on 40/29 News: FORT SMITH, Ark. — The company Phoenix Investors has purchased the Whirlpool property in Fort Smith. [edgtf_blockquote text="We will bring quality companies and jobs back into the former Whirlpool complex," title_tag="h2" width="80"] Frank Crivello, Phoenix Investors Executive Vice President, said in a statement. "We already have a list of prospects." The Whirlpool plant employed 4,600 people before it closed. A release sent by Whirlpool says Phoenix Investors will completely renovate the complex to make it suitable for use by "warehousing, industrial...