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Phoenix Investors Expands MI Portfolio With 550 KSF Buy

As reported on cpexecutive.com: By Evelyn Jozsa The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants. An affiliate of Phoenix Investors has acquired Delphi Flint East, a former assembly plant in Flint, Mich. The property, totaling more than 550,000 square feet, changed hands for $3.2 million. River Valley Bank provided the senior mortgage financing and Paul Hoge of Signature & Associates brokered the transaction. The building located at ... Read More

Phoenix Investors Buys Industrial Properties in Beloit, Jefferson

Phoenix Investors has acquired two properties in Beloit and Jefferson, WI. The $25.8 million deal adds over 1 million square feet of industrial space to the Phoenix portfolio. In a prepared statement, Executive Vice President Anthony Crivello said that “Both properties have opportunities for future value-add improvements." Read the full story by Timea Papp for Commercial Property Executive here.

2021-06-07T16:37:14+00:00August 30th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello|
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