Phoenix Investors Gifts $50,000 for Flint Demolition

Phoenix Investors—after buying the former Delphi site in Flint, MI—has given the Genesee County Land Bank $50,000 to help fund the demolition of the old Kirkwood Community mobile home park. The park is one of six eyesores in Flint that have or will soon be cleaned up, at a total cost of $3.1 million. Michele Wildman, executive director of the Genesee County Land Bank, said that this uncommon donation from a private business uncommon will blaze a trail for future investment in the area. Read ... Read More

Phoenix Investors Acquires Alabama Factory Site

With its acquisition of the former Chesbrough-Pond's plant in Huntsville, AL, Phoenix Investors has expanded its portfolio to 22 states. The deal for the 359,00-square-foot building reportedly totaled $5.1 million. “The proximity to the Huntsville International Airport and I-585 made this a long-term attractive asset for our portfolio,” said Phoenix Investors Chairman & Founder Frank P. Crivello. “We continue to deploy committed capital on our core industrial strategy and seek additional industrial value acquisitions in the Huntsville market and across Alabama.” Click here to read ... Read More

2021-06-07T20:25:10+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|
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