As with most players in the logistics sector, 2020 was an unusual year at Phoenix Logistics. We dedicated a significant portion of our resources throughout the year to helping new and existing customers survive and thrive under the threat of a devastating a global pandemic. With our broad real estate portfolio and affiliation with our partner real estate firm Phoenix Investors, we found ourselves in a unique position to help customers adapt to the challenges the pandemic brought forth, including food shortages, the e-commerce boom, short-term warehousing needs, and more.
Phoenix Logistics in 2020
As we begin to look ahead at what a post-pandemic supply chain might look like, we would like to take a moment to look back and note some key milestones and accomplishments here at Phoenix Logistics in 2020. Here are some of our successes from this year.
As it became apparent that coronavirus was here to stay for the foreseeable future, we immediately ramped up our content initiatives to provide our customers and the industry at large with a reliable source for information about the coronavirus and its impact on the supply chain. Over the course of the year, our leadership has worked hard to provide valuable and easily accessible thought leadership across our blog and multiple media platforms. We’ve provided insight into pandemic-related topics such as:
As the vaccine rolls out in 2021 and the supply establishes a new normal, we will continue to create thought leadership to guide our customers and our industry in the latest trends and best practices.
At Phoenix Logistics, we specialize in acquiring and renovating industrial spaces. This proficiency has served us well in 2020 as we strive to help our customers meet growing demands for logistics real estate. Some of our major acquisitions this year include:
- January 2020. Phoenix Logistics began 2020 on a high note, having just opened the doors on an 880,000-square-foot facility in Coffeyville, Kansas as part of a multi-state contract with Array Technologies, Inc. In addition to the Kansas location, we added an additional 135,000 square feet in Mayville, Wisconsin for Array in January 2020.
- March 2020. We opened an additional 157,000-square-foot facility for Array Technologies in Hooks, Texas.
- September 2020. Phoenix Logistics acquired a 175,000-square-foot property in Mulberry, Florida. In addition, Phoenix purchased Frog Properties, which added two logistics operations in Church Hill, Tennessee and Kingsport, Tennessee amounting to 250,000 square feet.
- November 2020. We added 190,000 square feet across two additional locations in Milwaukee, Wisconsin to serve a major food company.
- December 2020. Our team opened a 350,000-square-foot facility in Dayton, Ohio. We also inked a deal to acquire Sam Dunn Enterprises and Sam Dun Express in Longview, Texas, where we gained a 700,000-square-foot facility, 30 new employees, nine trucks, and a variety of dry van and specialty equipment.
All told, Phoenix Logistics ended 2020 with 12 locations amounting to just short of three million square feet.
About Phoenix Logistics
Strategic Real Estate. Applied Technology. Tailored Service. Creativity. Flexibility. These fundamentals reflect everything we do at Phoenix Logistics. We provide specialized support in locating and attaining the correct logistics solutions for every client we serve. Most logistic competitors work to win 3PL contracts, and then attempt to secure the real estate to support it. As an affiliate of giant industrial real estate firm Phoenix Investors, we can quickly secure real estate solutions across its portfolio or leverage its market and financial strength to quickly source and acquire real estate to meet our client’s need.