OUR EXPANDING PORTFOLIO
Affiliates of Phoenix’s portfolio spans 29 states and includes commercial properties totaling 71 million square feet. Our entities have a strong, diversified mix of locations, tenant credits and property types. Given current macroeconomic conditions and recent shifts in retail spending habits, our current investment strategy generally will be to cycle out of big-box, single-tenant retail (where appropriate) to invest in larger value-added industrial properties. Additionally, on a case-by-case basis, we will continue acquiring distressed retail and office properties, along with other REO, as opportunities are identified.