As reported in the Milwaukee Business News: Increases its Wisconsin industrial real estate portfolio to 6 million square feet In the last week, Milwaukee-based Phoenix Investors LLC, has purchased three industrial buildings at a total cost of $29.3 million and has increased its industrial real estate portfolio to about 6 million square feet in Wisconsin. The company purchased Shur-Line’s two industrial buildings in St. Francis for $8.8 million in a sale-leaseback deal last week. The company, which makes paining products including brushes and rollers, has ... Read More
The city of Dayton, OH has approved the sale of a 350,000-square-foot industrial building to Phoenix Investors. This project, which is the first in Ohio for Phoenix Investors, could close in the next 90 days. The developed infrastructure, including a rail spur, is what drew Phoenix Investors to buy and rehab the site.
As reported on CBS Channel 58 Milwaukee: The City of Milwaukee is turning to its residents for help cleaning up the city. A new partnership is forming that could help fix up abandoned and rundown properties. The old citation plant building is an example the city gave. The business next door bought the property after having issues with squatters. In this case the city was able to lift the tax liens on the property and the businesses next door could purchase it at a lower ... Read More