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Refurbishment of Maytag Plant 2 well underway by Phoenix Investors As reported in the Newton Daily News: Clean, usable, open space — that is what greeted the brokers viewing the former Maytag Plant 2 during an open house on Wednesday. Phoenix Investors, the commercial real estate firm which purchased the property for $6.7 million in 2015, hosted more than a dozen brokers whose clients have shown interest in leasing the newly refurbished building. Totaling more than 1.3 million square feet, the building, which hadn’t...

Town Bank to open branch downtown

As reported on biztimes.com: BIZ TIMES — Hartland-based Town Bank plans to open a branch in a 4,000-square-foot retail space at 401 E. Kilbourn Ave. in downtown Milwaukee. Town Bank’s only existing branch in the City of Milwaukee, at 140 S. First St. in the Walker’s Point neighborhood. Phoenix 401, an affiliate of commercial real estate company Phoenix Investors LLC, said it has executed a long-term lease agreement with Town Bank for a retail branch in the space, to open this fall. Jay Mack,...

Whirlpool sells two shuttered plants

As reported in the Herald Palladium: BENTON HARBOR — A Wisconsin investment group bought two dormant plants from Whirlpool Corp. The Milwaukee-based firm, known as Phoenix Investors LLC, closed on the two-property deal last week. It includes plants in Fort Smith, Ark., and Cleveland, Tenn. Terms of the deal were not released. “We outgrew our former manufacturing site in Cleveland a few years back and built a state-of-the-art facility just a few miles away,” Jeff Noel, vice president of communications and public affairs, said...

Whirlpool plant building lands a buyer

As reported in the Northwest Arkansas Democrat Gazette: 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...

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=""]...