Phoenix Snags Kansas Warehouse Facility

The demand for industrial space across the Midwest remains high as an 880,000-square-foot industrial facility in Kansas was leased up as soon as it changed ownership. Phoenix Investors acquired the large industrial property at 2654 Highway 169 in Coffeyville, Kan. for an undisclosed price. The property is on a 105-acre site and features clear ceiling heights up to 39 feet, 70 dock doors, three drive-in doors, air conditioning and 630 surface parking spots. The industrial building is located adjacent to the Coffeyville Municipal Airport and also nearby Highways 166 and 169 and Interstates 35, 44 and 70. The property was initially built as a distribution center for Golden Books in 1978 and added more phases through to 1999. Amazon then came into the scene and used the building as a fulfillment center from 1999 to 2014. According to Anthony Crivello, executive vice president of Phoenix, the property was substantially vacant after Amazon left.

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