MILWAUKEE, WI (January 6, 2020) – An affiliate of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired an approximately 1,400,000 square-foot industrial facility located at 3456 Meyers Road in Memphis, Tennessee. The property is currently vacant and will be marketed to new users for lease.
Phoenix is focused on expanding its footprint in Tennessee with this investment and other pending acquisitions. “2019 was a historic year for us on many levels,” said Frank P. Crivello, Founder & Chairman of Phoenix. “We are excited to continue our growth in 2020 and beyond, actively searching for additional industrial value-add opportunities.”