Phoenix Investors acquired an industrial portfolio of properties in Kentucky and Pennsylvania. CoStar dubbed the areas "booming" logistics markets and anticipate they could survive the coronavirus pandemic without much lost. Phoenix Investors purchased the properties from German lighting manufacturer LEDVANCE. Read the full article in CoStar News.
As reported in PR Newswire MILWAUKEE, June 22, 2020 -- Affiliates of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced its acquisition of a portfolio of four industrial properties from LEDVANCE totaling approximately 1,600,000 square feet. These former LEDVANCE plants are located in Versailles, KY; Winchester, KY; St. Marys, PA; and Wellsboro, PA. LEDVANCE, https://www.ledvance.com, is one of the world's leaders in general lighting for lighting professionals as well as end users, offering a broad variety of LED luminaires, advanced LED lamps, intelligent Smart Home & ... Read More