Phoenix Investors paid $8.4 million for Milwaukee Stellantis facility

Milwaukee-based Phoenix Investors paid more than $3 million above assessed value for the 1 million-square-foot Stellantis facility in Milwaukee’s Bay View neighborhood. Phoenix Investors, known for redevelopment of aging manufacturing facilities, announced last week that it had purchased the 43.5-acre site at 3280 S. Clement Ave., but did not disclose a sale price. State records posted

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