PHOENIX INVESTORS ACQUIRES 1.5 MILLION-SQUARE-FOOT INDUSTRIAL COMPLEX IN CORSICANA, TX

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CORSICANA, Texas, June 25, 2025 ~ Phoenix Investors Affiliate Acquires Large Industrial Complex in Corsicana, Texas

A recent press release announced that an affiliate of Phoenix Investors, a commercial real estate firm based in Milwaukee, has acquired a significant industrial complex in Corsicana, Texas. The property, located at 2200 South Business 45, adds approximately 1.5 million square feet to Phoenix's portfolio and expands their holdings to over 82 million square feet nationwide.

Originally built as a distribution center for K-Mart and later used by Home Depot as a regional logistics hub, the facility boasts high-quality construction and a strategic location. With direct access to I-45, the site serves as a crucial link between Dallas and Houston, making it an ideal location for logistics and distribution users.

At the time of closing, the property was fully occupied and features impressive amenities such as 109 dock doors, 983 trailer parking spaces, heavy power capabilities, and clear heights ranging from 26 to 28 feet. In 2018, the facility underwent major renovations including a new roof installation. It also offers full perimeter fencing, secure access, ample trailer and car parking, and a compressed air system throughout.

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While the property is currently fully occupied, approximately 250,000 square feet will become available for lease in October 2025. An additional 375,000 square feet will also become available as early as January 2027. This provides ample room for expansion and accommodates various potential industrial users.

Anthony Crivello, Executive Vice President & Managing Director at Phoenix Investors expressed excitement about this acquisition stating that it aligns perfectly with their investment strategy. He highlighted the property's robust infrastructure, access to major transportation routes, and tenant-ready space as key factors that make it an attractive investment opportunity compared to current rates in the Dallas market.

This acquisition is just one of many for Phoenix Investors this year. They have also recently acquired properties in Memphis,Tennessee; Paris, Kentucky; and Roanoke, Virginia, totaling approximately 6 million square feet. This demonstrates their aggressive expansion across the country.

To view Phoenix's expanding portfolio, visit https://phoenixinvestors.com/portfolio. With this latest acquisition in Corsicana, Texas, Phoenix continues to solidify its position as a leading commercial real estate firm in the United States.
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