The hulking former Rexnord manufacturing campus in West Milwaukee is getting a second life. Phoenix Investors has quietly turned the century-old industrial site into a modern, lease-ready complex while keeping much of the original character intact. The campus now spans roughly 56 acres and offers about three-quarters of a million square feet of industrial space that the company says is ready for new tenants, with a mix of heavy-industrial bones and fresh upgrades aimed at manufacturers and logistics users.
According to CoStar, Phoenix paid about $9 million for the property and has redeveloped a total of 753,076 square feet across the 56-acre site. The project includes buildings that are more than a century old and is now being marketed to industrial tenants. CoStar…..