News

Stay up to date with the latest projects at Phoenix Investors

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...

Former Fort Smith Whirlpool Manufacturing Building Sold

As reported in 5 News Online: FORT SMITH (KFSM) -- Whirlpool Corporation announced its remaining manufacturing building in Fort Smith has been sold to Phoenix Investors. The building and the surrounding land has been sold to the Milwaukee-based company. This is the real-estate group's first venture in Arkansas. Phoenix will be restoring the property in an effort to bring business -- as well as jobs -- back to the former Whirlpool complex, said Frank Crivello, executive vice president of Phoenix Investors. "We already have...

Ryan Trost

As reported in Milwaukee Business Journal: 40 Under 40 Award Winner: Senior vice president-finance, Phoenix Investors LLC | Age: 31 [caption id="" align="alignnone" width="750"] Photo Credit: SCOTT PAULUS[/caption] In college, Ryan Trost sold burial plots. Today, he’s enjoying a much livelier career with Phoenix Investors...

Meet the Milwaukee Business Journal’s 2017 class of 40 Under 40 winners

As reported in Milwaukee Business Journal: We had a lot of fun unveiling our 2017 40 Under 40 winners this past week to a lot of reaction and fanfare throughout southeastern Wisconsin. To see the entire 2017 class of young professionals that we are honoring, click on the attached slideshow. In all, we received nearly 260 nominations for this year's program, the 25th year that we have been recognizing the up-and-coming leaders in our community. There were a lot of hard decisions...

Business Journal unveils 40 Under 40 winners: Art Museum’s Polednik, Baird’s Phillips among first group

As reported in Milwaukee Business Journal: Milwaukee Art Museum director Marcelle Polednik and Robert W. Baird & Co. Inc. financial advisor Emily Phillips are among the first group of winners to be announced in the Milwaukee Business Journal's prestigious 40 Under 40 awards program for 2017. Check out the attached slideshow to see photos of the winners. Other winners in our first group announced Tuesday include Marquette University lacrosse coach Joe Amplo; Ashley Hines, diversity and inclusion manager for the Medical College...

Phoenix Investors purchases three properties for $29.3 million

As reported in the Milwaukee Business News: Increases its Wisconsin industrial real estate portfolio to 6 million square feet In the last week, Milwaukee-based Phoenix Investors LLC, has purchased three industrial buildings at a total cost of $29.3 million and has increased its industrial real estate portfolio to about 6 million square feet in Wisconsin. The company purchased Shur-Line’s two industrial buildings in St. Francis for $8.8 million in a sale-leaseback deal last week. The company, which makes paining products including brushes and...