An affiliate of Phoenix Investors, a private commercial real estate firm headquartered in Milwaukee, announced it will convert its property at 2225 American Drive, Fox Crossing, into a large self-storage facility.
Consisting of approximately 65,000 net rentable square feet, Phoenix intends to add up to 600 self-storage units to the property. In addition to the self-storage conversion, the facility will offer over 100,000 square feet of RV and boat storage parking and several executive office suites.
Formerly operated as a call center, the site housed Pitney Bowes until 2014. It is accessible from I-41 and is located less than 4 miles from Appleton International Airport. The single-story office building was originally constructed in 1981 and underwent significant updates and renovations in 1999 and in 2020.
“There is significant demand for institutional quality self-storage in the area,” said Anthony Crivello, Phoenix’s executive vice president and managing director. “We operate self-storage units across our portfolio and are thrilled to add more. We expect units to be available by early 2024.”
The facility will be branded and operated by Store Here Self Storage. Phoenix partnered with Store Here in 2019 to convert another industrial space in Mount Pleasant to a self-storage facility. The property will be Store Here’s third facility in Wisconsin.
Phoenix has already begun significant renovations on the property, while existing features such as a wet sprinkler system and metal construction lend themselves to the conversion. Additional details and photos of the property can be found at https://phoenixinvestors.com/portfolio/ properties/2225-american-dr-wi.
