Phoenix Logistics, an affiliate of national private commercial real estate firm Phoenix Investors, has opened a new facility in Herrin, IL., according to a press release. To complete the move, the company has partnered with plastic containers manufacturer Pretium Packaging.
Phoenix will provide warehouse and transportation management services for Pretium, creating jobs in what used to be a Maytag plant. The complex has an additional 460,000 square feet of space available for lease or third-party contract warehouse services.
“We believe the recent renovation of the Herrin facility will be a catalyst for economic revitalization and business growth in the area,” Phoenix Investors CEO David Marks said.
Milwaukee-based Phoenix Investors’ affiliate companies hold interests in about 24 million square feet of industrial, retail, office and single-tenant net-lease properties in 23 states.
As an affiliate of the real estate firm Phoenix Investors of Milwaukee, WI, Phoenix Logistics has unique access to an expansive portfolio. Phoenix Investors’ Senior Management includes Frank P. Crivello as Chairman & Founder; David Marks as President & CEO; and Anthony Crivello as Executive Vice President. Robert Kriewaldt serves as Phoenix Logistics’ Senior Vice President. For more information, visit phoenix3pl.com.