Phoenix Investors Acquire Former Amazon
23 Dec 2019
An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired an approximately 880,000 square-foot industrial facility located at 2654 Highway 169 on 105 acres adjacent to the Coffeyville Municipal Airport in Coffeyville, Kansas. The original facility was built as a distribution center for Golden Books in 1978 and was occupied as an Amazon fulfillment center from 1999 through 2014.
Phoenix Investors is a national commercial real estate firm whose core business is the revitalization of former manufacturing facilities throughout the United States. This strategy leads to positively transforming communities and restarting the economic engine in the communities we serve. Established in 1994, Phoenix Investors has over twenty-five years of experience in successfully acquiring, managing, and operating commercial real estate in 23 states.
"After five years of marketing this amazing facility to a variety of prospects, we are proud to welcome Phoenix Investors and Phoenix Logistics to Montgomery County," said Trisha Purdon, MCAC Executive Director.
While the building has seen multiple owners in the past five years since Amazon closed its facility, the new owners have a tenant ready to occupy the space. Upon closing, Phoenix Logistics will begin operating in the facility immediately and has leased the facility to Array Technologies. Array Technologies will store the components and equipment utilized to build solar energy equipment.
“Thank you, Trisha, MCAC and everyone involved for making this project a reality for Coffeyville,” said Mayor Paul Bauer. “I would like to thank Phoenix Investors for believing in Coffeyville and making us the home to one of your new sites. I look forward to seeing the potential they bring to our community.”
Phoenix Logistics provides support in locating and attaining the correct logistics solutions based on each business’s individual needs and requirements. They help companies lower their logistics costs while at the same time helping under-appreciated industrial properties. Phoenix Logistics is able to provide a unique value to its client’s supply chain needs by meeting their sense of urgency and providing a state-of-the-art warehouse management system.
“On behalf of the Montgomery County Commission, we appreciate Phoenix Investors for choosing our location,” said Commissioner Robert Bever. “We look forward to working with them to make this a ‘win-win’ situation for all involved.”
While Phoenix Logistics has some staff already in place, they will be hiring a Site Manager, Materials Handler, and Customer Service Representatives. For more information about available positions, please contact Express Professional Services or Penmac Staffing.
Montgomery County Action Council (MCAC) is the economic development agency working to develop new industrial projects and bring businesses to Montgomery County. For more information about MCAC, visit www.actioncouncil.com
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