An affiliate of Phoenix Investors has announced the acquisition of three industrial properties and a solar farm in Nashville, Arkansas.
These properties, located at 630 Hwy 27 Bypass, 1 Poulan Drive, and 139 Old Airport Road, were previously owned by Swedish manufacturing giant Husqvarna.
This strategic acquisition adds over 815,000 square feet to Phoenix’s portfolio, which now exceeds 78 million square feet nationwide.
Phoenix is a national leader in the revitalization of former manufacturing facilities.
Husqvarna, renowned for its high-quality lawnmowers, trimmers, gardening tools, and chainsaws, decided to close its Nashville-based plants in July 2023. The Nashville plants produced gasoline-powered tools, but Husqvarna decided to consolidate operations and move toward battery-powered equipment.
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