Phoenix Snags Kansas Warehouse Facility

Commercial Property Executive | December 26, 2019

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.

Spotlight

Last week the real estate market took a slight pause while several major religions celebrated their holiest of days all in the same week. With all that behind us and our hopes dashed for a Maple Leafs playoff run, it’s time to concentrate on the task at hand: getting that house all gussied up for the Spring Market. There are flowers to plant and porches to paint. Curb appeal, after all, is the name of the game. The market was in full swing before the holidays and with the warm weather finally arriving, it seems that everything was put on hold. Sellers apparently didn’t get the memo as both the number of freehold and condo listings backed off last week.

Spotlight

Last week the real estate market took a slight pause while several major religions celebrated their holiest of days all in the same week. With all that behind us and our hopes dashed for a Maple Leafs playoff run, it’s time to concentrate on the task at hand: getting that house all gussied up for the Spring Market. There are flowers to plant and porches to paint. Curb appeal, after all, is the name of the game. The market was in full swing before the holidays and with the warm weather finally arriving, it seems that everything was put on hold. Sellers apparently didn’t get the memo as both the number of freehold and condo listings backed off last week.

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Planon has a majority stake in Reasult B.V., a real estate software company.

prnewswire | January 20, 2021

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REAL ESTATE INVESTMENT

JLL Income Property Trust Acquires Suburban Chicago Distribution Center

JLL Income Property Trust | January 14, 2022

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DJM and PGIM Real Estate Acquire Long Beach Exchange

DJM | January 05, 2022

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