{"id":1004677878,"date":"2023-08-29T02:03:47","date_gmt":"2023-08-29T10:03:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004677878"},"modified":"2023-08-29T04:17:27","modified_gmt":"2023-08-29T12:17:27","slug":"phoenix-investors-buys-516-ksf-facility-in-missouri","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/","title":{"rendered":"Phoenix Investors Buys 516 KSF Facility in Missouri"},"content":{"rendered":"
\"\"<\/a>

Frank Crivello, Chairman & Founder, Phoenix Investors. Image courtesy of Phoenix Investors<\/em><\/p><\/div>\n

Phoenix Investors<\/strong> has purchased a 515,913-square-foot industrial building in Park Hills, Mo. The seller was Piramidal Glass<\/strong>, a company owned by Blackstone Capital<\/strong>. The buyer plans to attract high-profile tenants at the property, Phoenix Investors Chairman & Founder Frank Crivello said in prepared statements.<\/p>\n

Originally built in 1976 and upgraded in 2018, the warehouse at 1000 Taylor Ave. features 40-foot clear heights, 18 docks, six over-head doors, wet and dry suppression systems, 9 trailer parking spots and 300 vehicle parking spots. Phoenix Investors Assistant Vice President Luke Herder and Senior Vice President Kurt Jensen are the property’s leasing brokers.<\/p>\n

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READ ALSO<\/strong>: Frank Crivello: The Inflation Reduction Act’s Impact on the Supply Chain<\/a><\/p>\n

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Previously occupied by PGP Glass USA Inc. until March 2022, the property is on approximately 42 acres, close to U.S. State Route 67. The location is 11 miles from Farmington Regional Airport, 27 miles from Fredericktown, Mo., and within 64 miles of St. Louis. The asset is also served by a Union Pacific Railroad active spur.<\/p>\n

Phoenix Investors specializes in the acquisition, renovation and repositioning of large, former single-tenant industrial facilities across the U.S. The company recently picked up a 365,640-square-foot asset in West Burlington, Iowa<\/a>, with plans to reposition it into a high-quality product.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Blackstone Capital-owned company sold the asset.<\/p>\n","protected":false},"author":2991,"featured_media":1004457559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,13,21742],"tags":[32892,37411],"class_list":["post-1004677878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-midwest","category-latest","tag-blackstone","tag-phoenix-investors"],"acf":[],"yoast_head":"\nPhoenix Investors Buys 516 KSF Facility in Missouri - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Phoenix Investors purchased a 515,913-square-foot industrial building in Park Hills, Mo., from a company owned by Blackstone Capital.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phoenix Investors Buys 516 KSF Facility in Missouri\" \/>\n<meta property=\"og:description\" content=\"Phoenix Investors purchased a 515,913-square-foot industrial building in Park Hills, Mo., from a company owned by Blackstone Capital.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-29T10:03:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-29T12:17:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Frank-Crivello-Phoenix-Investors.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/\",\"name\":\"Phoenix Investors Buys 516 KSF Facility in Missouri - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Frank-Crivello-Phoenix-Investors.jpg\",\"datePublished\":\"2023-08-29T10:03:47+00:00\",\"dateModified\":\"2023-08-29T12:17:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Phoenix Investors purchased a 515,913-square-foot industrial building in Park Hills, Mo., from a company owned by Blackstone Capital.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/phoenix-investors-buys-516-ksf-facility-in-missouri\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Frank-Crivello-Phoenix-Investors.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Frank-Crivello-Phoenix-Investors.jpg\",\"width\":800,\"height\":620,\"caption\":\"Frank Crivello, Chairman & Founder, Phoenix Investors. 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