As reported in PR Newswire MILWAUKEE, June 22, 2020 -- Affiliates of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced its acquisition of a portfolio of four industrial properties from LEDVANCE totaling approximately 1,600,000 square feet. These former LEDVANCE plants are located in Versailles, KY; Winchester, KY; St. Marys, PA; and Wellsboro, PA. LEDVANCE, https://www.ledvance.com, is one of the world's leaders in general lighting for lighting professionals as well as end users, offering a broad variety of LED luminaires, advanced LED lamps, intelligent Smart Home & ... Read More
Phoenix Investors' acquisition in Illinois includes proposed completion of the 500,000-square-foot building in Normal. “Most notably, the nearby Rivian Plant is nearing completion, driving local industrial demand,” said Frank Crivello, Phoenix's Chairman & Founder. “In addition, within 50 miles there are a number of high-quality manufacturing and agribusiness companies that are growing and seeking industrial space.” Read the full article at Commercial Property Executive.
As reported in PR Newswire MILWAUKEE, WI (June 18, 2020) – An affiliate of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired an approximately 500,000 square-foot industrial facility on 65.6 acres of land located at 301 West Kerrick Road in Normal, Illinois. The development was started approximately twelve years ago by Wildwood Industries, Inc. Due to the failure of the original developer the property was never fully completed and has never been occupied. After several years ... Read More