There have been many studies on the connection between crime and abandoned residential properties, but Phoenix Investors has noted that its expansive industrial redevelopments have resulted in crime reduction. “This pattern became quite clear across all states and impacted urban and rural blight in a similar way," said Frank P. Crivello, Chairman & Founder, Phoenix Investors. Read the full story by Kenosha News.
As reported in the Milwaukee BizTimes: Phoenix working with tenant Compass Minerals to improve, expand distribution at the site An affiliate of Milwaukee-based Phoenix Investors LLC has purchased a 281,000-square-foot industrial complex in Kenosha for $2 million. Phoenix Kenosha purchased the property, which is located on 13 acres at 3122 14th Ave., from Walnut and Vine Properties II LLC. The property is primarily leased to Overland Park, Kansas-based Compass Minerals America, which is using the site as a distribution center. Compass Minerals has more than 19 ... Read More