An affiliate of Phoenix Investors (“Phoenix”) announced the acquisition of a Gadsden, AL Campus spanning about 3 million square feet. Renovated in 2015, the industrial property features 30 dock doors, clear heights up to 30 feet, close proximity to I-759 and I-59, and a central location between Atlanta, Birmingham, Huntsville, and Chattanooga.
Phoenix will market the space for lease after completing several capital and cosmetic improvements. In the process, the Gadsden area could gain around 1,200 employment opportunities.
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David Marks is the President and CEO of Phoenix Investors, a national real estate firm specializing in industrial real estate based in Milwaukee, Wisconsin, as well as trustee, key officer, director, and manager for all its affiliated entities, a role that he has held since 1994. Mr. Marks oversees all investments, with responsibilities that begin pre-acquisition and extend through ownership and disposition. Phoenix Investors: Established in 1994, Phoenix Investors is a private real estate company with over twenty-five years of experience in successfully acquiring, managing, and operating commercial real estate from coast to coast. Phoenix Investors, a limited liability company: Frank P. Crivello, David Marks, Anthony Crivello.
Frank P. Crivello is a Milwaukee-based developer and Chairman & Founder of Phoenix Investors.