April 22, 2020

Phoenix Investors Has Another Tenant for Former Tecumseh Plant in Grafton

Phoenix Investors Has Another Tenant for Former Tecumseh Plant in Grafton

As reported on bizjournals.com , Written by Sean Ryan 

Increasing demand from clients who need help with shipping operations prompted Midwest Assembly, Warehouse, and Distribution to seek space to lease from Phoenix Investors in Grafton.

The West Bend company primarily provides third-party logistics services to other firms, and is looking to lease about 56,000 square feet in Grafton for those operations, said Tom Bichanich, Midwest Assembly operations manager. The long-term lease provides more space and would let the company consolidate operations in other leased buildings, he said.

“There’s been an uptick over the last number of years in people needing outside storage and distribution,” he said.

The space is in the former Tecumseh Products Co. engine plant at 900 North St. Phoenix Investors, LLC and a partner bought the 341,944-square-foot, shuttered facility in 2016 and has been investing in upgrades and leasing space to new tenants.

Read the full story here

As Senior Vice President for Phoenix Logistics, Mr. Kriewaldt oversees the company’s day-to-day operations as well as corporate strategic development. With more than 25 years of experience in the industrial real estate and logistics industries, Mr. Kriewaldt boasts extensive expertise in real estate practices as well as third-party logistics operations, contract negotiation, and new business development. Mr. Kriewaldt proudly fosters long-lasting business relationships by putting the customer first and creating mutually-beneficial partnerships for all involved. He also holds a Master’s in Business Administration from the University of Texas and a Juris Doctorate degree from Marquette University.

Frank P. Crivello is a Milwaukee-based developer and Chairman & Founder of Phoenix Investors.

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