An affiliate of Phoenix Investors has acquired a 56.2-acre site within the Gateway Business Park in Beloit, Wis.
Phoenix selected general contracting firm Corporate Contractors, Inc. (CCI) to manage and provide construction services to build a 500,000-square-foot speculative industrial warehouse intended for a future tenant.
The site represents a prime opportunity for a future business looking for a new home: the availability of a spec building will allow a prospective tenant to be at least 12 months ahead of schedule in establishing themselves in or relocating to a built facility. The state-of-the-art building design includes 52 loading docks, potential rail access, and 32-foot clear interior height.
The facility will be constructed using precast concrete wall panels and structural steel joists and deck. The construction began in April 2022, with occupancy planned for late 2022. A section of approximately 100,000 square feet already has been prepped and is read
