WATCH: Phoenix Investors to pump 12 million dollars into former Delphi Flint East plant to attract new tenant After paying more than $3 million to acquire the former Delphi Flint East property in Flint, MI, Phoenix Investors plans to invest another $12 million in the site to attract a tenant. “We’ve learned and proven that if we fix it, they will come,” said Frank Crivello, Chairman and Founder of Phoenix Investors. Read the full ABC12 story, by Amy Hybels.
As reported on wnem.com: By Brianna Owczarzak FLINT, MI (WNEM) – An old reminder of one city’s past is making way for its brighter future. A massive complex once home to an auto parts supplier could be welcoming a brand new tenant and revitalizing an area looking for a big boost. Phoenix Investors are coming to Flint. “The Center Street property will be renovated over the next year. We want to attract a high quality distribution type tenant or a manufacturing type tenant,” said ... Read More
As reported by Crowdz: FLINT, MI – A shuttered automotive plant may see new life after a Wisconsin-based commercial real estate firm purchased the former Delphi Flint East industrial plant. The 550,000-square-foot building on the property near Dort Highway and Robert T. Longway Boulevard was bought by an affiliate of Phoenix Investors, according to a statement from the company on Monday, Oct. 2. Phoenix Investors paid $3.15 million for the property, the statement said. The release from the company did not specify what, if any, ... Read More