Phoenix Investors Expands Portfolio with Corsicana Industrial Complex Acquisition

On June 25, 2025, Phoenix Investors, a well-known name in the commercial real estate sector, made headlines by acquiring a significant industrial complex in Corsicana, Texas. This acquisition involved a vast area of 1.5 million square feet, strategically located at 2200 South Business 45. The move reflects Phoenix's aggressive expansion strategy, adding to their already impressive national portfolio which now exceeds 82 million square feet across the United States.

The facility originally served as a build-to-suit distribution center for K-Mart and later functioned as a regional logistics hub for Home Depot. This background highlights not only the quality of the structure but also its prime location. The site boasts direct access to Interstate 45, creating an essential link between the bustling cities of Dallas and Houston, making it an attractive option for logistics and distribution operations.

Following the acquisition, it was reported that the property is currently 100% occupied. Its infrastructure includes 109 dock doors and 983 trailer parking spaces, along with robust power capabilities and clear heights of 26-28 feet. The complex underwent significant renovations in 2018, including a new roof, and features vital security measures such as full perimeter fencing, secure access, and ample parking space for both trailers and cars. Among the enhancements is a comprehensive compressed air system facilitating various operations within the facility.

A promising aspect of the property is that approximately 250,000 square feet will soon be available for lease as of October 2025, with an additional 375,000 square feet also set to become accessible by January 2027. This expansion opportunity allows for accommodating diverse industrial users, further enhancing Phoenix Investors’ portfolio.

Anthony Crivello, Executive Vice President and Managing Director at Phoenix, expressed enthusiasm about this acquisition, stating, 'This is a modern, high-quality industrial asset that aligns perfectly with our investment strategy. Its robust infrastructure, access to major transportation routes, and tenant-ready space offer a compelling value proposition—particularly when compared to current rates in the Dallas market.'

Phoenix Investors has had an eventful year in 2025, having also acquired properties in Memphis, Tennessee; Paris, Kentucky; and Roanoke, Virginia. In total, the firm has secured approximately 6 million square feet in real estate across the country this year alone, showcasing their commitment to growth and expansion.

Phoenix Investors specializes in acquiring, renovating, and leasing former manufacturing facilities across the U.S., contributing to the revitalization of communities and acting as a catalyst for economic growth in the areas they serve. Their approach promotes sustainability by selectively reconstructing and repurposing industrial sites instead of opting for standard demolition methods, known for their environmental impact. With a portfolio that spans 27 states and includes around 82 million square feet of properties, Phoenix Investors continues to shape the commercial real estate landscape and offer innovative solutions for leasing needs.

For those interested in further exploration of Phoenix Investors' expanding portfolio, more information can be found on their official website: https://phoenixinvestors.com/portfolio.

Topics General Business)

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