Phoenix Investors Makes 891 KSF Alabama Industrial Buy
The 102-acre property was home to Russell Brands clothing manufacturing plant until it closed in 2013. Dec112020
Image courtesy of Phoenix Investors
Phoenix Investors has acquired an 891,000-square-foot Class A industrial property outside of Montgomery, Ala., from Russell Brands. Spanning three buildings on 102 acres, the site was home to the previous owner’s clothing manufacturing plant which closed in 2013. CBRE brokered the deal.
The property is located at 3145 Elmore Road in Wetumpka, Ala., just off U.S. Route 14, 18 miles north of central Montgomery. Interstate 65 is 10 miles west of the parcel. A 40-acre portion of the site is available for future expansion.