An affiliate of US-based Phoenix Investors has acquired an approximately 130,000-square-foot industrial building located at 3411 North Hutchinson Street in Pine Bluff, Arkansas, the company said.
Constructed in 1986, the building is in move-in ready condition and is available for lease.
The property is also divisible to accommodate two separate tenants.
The building features 27' clear heights, 40' x 40' column spacing, and 15 acres of land, offering ample space for industrial operations.
Additionally, the property has rail access through CSX Greenbrier Rail, making it a prime location for businesses in need of transportation and logistics services.
The acquisition of this property highlights Phoenix's commitment to investing in the Pine Bluff community and providing top-notch commercial real estate options to local businesses.
Phoenix Investors is an expert in the acquisition, renovation, and releasing of former manufacturing facilities in the United States.
Phoenix's affiliate companies hold equity interests in a portfolio of industrial properties totaling approximately 62m square feet spanning 29 states, delivering corporations with a cost-effective national footprint to dynamically supply creative solutions to meet their leasing needs.
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