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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on June 19, 2018

    Featured image for article about Top Stories

    Company purchases 402,000 square-feet facility

    An affiliate of Phoenix Investors (“Phoenix”), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired a 402,000 square-feet industrial and office building located at 101 N Main Street in Athens, Pennsylvania.

    The subject property is a well-constructed vacant former Ingersoll Rand manufacturing plant. Ingersoll Rand maintained the facility in exceptional condition, having completed substantial improvements to the office area. Phoenix intends on renovating the facility in a first-class manner, bringing it to modern standards. “We were greatly touched by the facility’s deep history and significance to the city of Athens,” said David Marks, Phoenix’s President and CEO. “Phoenix will revitalize the property and aggressively market the vacant space to high quality companies.”

    The interior of the plant is divisible for multi-tenant occupancy. In addition, the subject industrial site is an ideal location for any company looking to locate their operations in the heart of the Marcellus-Utica Shale, one of the three largest natural gas areas of the world.

    This acquisition represents Phoenix Investors’ second acquisition in the state of Pennsylvania within six months. Phoenix is focused on expanding its footprint in Pennsylvania and neighboring upstate New York with this investment and other pending acquisitions.

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