Elon Musk, xAI and a big supercomputer in Memphis: A look at plans for the massive project

Elon Musk’s xAI is building an Artificial Intelligence Center in a Phoenix Investors facility in Memphis, Tennessee; Phoenix purchased the 785,000-square-foot facility in December 2023 from Electrolux Group. With this investment, Memphis will be home to the world’s largest supercomputer. The project is expected to open in late 2024 and boost jobs and economic activity in the Memphis area. Check out the full article by Neil Strebig at Commercial Appeal.

2024-08-02T17:48:58+00:00June 7th, 2024|Acquisitions & Projects, Blog, Phoenix Companies|
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Phoenix Investors Offers $100K Matching Gift to Pathfinders

As in years past, Phoenix Investors has extended a gift of $100,000 in matching funds to Milwaukee’s Pathfinders, a local  nonprofit that dedicates itself to “Empowering Youth and Changing Lives.” Phoenix has offered to match donations raised by the 501(c)(3), up to $100,000 for their annual holiday fundraising effort. In an official letter from Pathfinders, their Senior Member of Individual Giving Michelle Strode includes: “[Phoenix Investors’] generosity allows Pathfinders to meet young people where they are and connect them with resources that can lead ... Read More

2024-11-15T18:13:18+00:00May 30th, 2024|Blog, Giving Back|
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The Impact of Onshoring on Industrial Real Estate

The industrial sector witnessed unprecedented growth during the COVID-19 pandemic, driven primarily by the surge in warehousing demand fueled by e-commerce. However, as the market normalizes from these record highs, industry stakeholders seek new avenues for growth. To this end, the spotlight has begun to shift to the manufacturing sector as a leading source of new demand. Resurgent interest in space for advanced manufacturing operations results from the culmination of pandemic-era plans to improve supply chain resiliency by regionalizing supply chains. Onshoring Shows No Signs ... Read More

2024-09-06T21:06:15+00:00May 3rd, 2024|Blog|
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