Business
PHOENIX INVESTORS ACQUIRES 1.5 MILLION-SQUARE-FOOT INDUSTRIAL COMPLEX IN CORSICANA, TX
An affiliate of Phoenix Investors ("Phoenix") announced the acquisition of a large industrial complex located at 2200 South Business 45 in Corsicana, Texas. The property adds approximately 1.5 million square feet across a 172-acre site to Phoenix's portfolio, bringing the Milwaukee-based commercial real estate firm's holdings to over 82 million square feet nationwide.
About this update from Home Depot, Inc. (the)
[{"type":"text","content":"Strategically located facility ideal for distribution and warehousing","length":69,"tagName":"p","attribs":{}},{"type":"text","content":"CORSICANA, Texas, June 25, 2025 /PRNewswire/ -- An affiliate of Phoenix Investors ("Phoenix") announced the acquisition of a large industrial complex located at 2200 South Business 45 in Corsicana, Texas. The property adds approximately 1.5 million square feet across a 172-acre site to Phoenix's portfolio, bringing the Milwaukee-based commercial real estate firm's holdings to over 82 million square feet nationwide.","length":436,"tagName":"p"},{"type":"image","alt":"Phoenix Investors is the leading expert in the acquisition, renovation, and releasing of former manufacturing facilities in the United States. (PRNewsfoto/Phoenix Investors)","displaySize":"","headline":null,"caption":"Phoenix Investors is the leading expert in the acquisition, renovation, and releasing of former manufacturing facilities in the United States. (PRNewsfoto/Phoenix Investors)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":340,"url":"https://media.zenfs.com/en/prnewswire.com/839e8515294ca73e1c6940b7c51f47b4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/L6LSkqp5XZo6Qc496lsziA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU5OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/839e8515294ca73e1c6940b7c51f47b4","width":400,"height":340}},"href":"https://mma.prnewswire.com/media/1988784/PhoenixInvestorsOEV.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Originally constructed as a build-to-suit distribution center for K-Mart, the facility was later utilized by Home Depot as a regional logistics hub—underscoring its quality construction and strategic location. The site offers direct access to I-45, providing a critical link between Dallas and Houston and ideal positioning for logistics and distribution users.","length":361,"tagName":"p"},{"type":"text","content":"The property is 100% occupied as of closing and includes 109 dock doors, 983 trailer parking spaces, heavy power capabilities, and clear heights ranging from 26 to 28 feet. The facility underwent major renovations in 2018, including a new roof installation, and features full perimeter fencing, secure access, abundant trailer and car parking, and a compressed air system throughout.","length"...