An affiliate of Phoenix Investors, a national private investment firm, has purchased a 1.47 million-square-foot former Sears Distribution Center in Memphis, Tennessee, for $8.25 million, or about $6 per square foot.
An affiliate of Phoenix Investors, a national private investment firm, has purchased a 1.47 million-square-foot former Sears Distribution Center in Memphis, Tennessee, for $8.25 million, or about $6 per square foot.
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