PHOENIX INVESTORS ACQUIRES HMH EDUCATION COMPANY SITE IN TROY, MISSOURI

Phoenix Investors has acquired a nearly 600,000-square-foot industrial facility from HMH Education Company for an undisclosed amount. The transaction, announced on June 16, 2026, involves a property located at 200 Academic Way in Troy, Missouri. As part of the deal, HMH will lease back the entire facility, allowing the education company to continue its operations while supporting its long-term facility consolidation strategy.

The newly acquired facility sits on approximately 38 acres and offers strategic access to US-61, enhancing its appeal for logistics and distribution purposes. Originally constructed in 1969 and expanded in 1986 and 1998, the building features a recently installed roof and a highly functional industrial layout, including 32-foot clear heights, 24 dock doors, five drive-in doors, and substantial electrical service. This configuration makes the facility suitable for a variety of uses, including manufacturing, warehousing, and distribution.

Phoenix Investors, based in Milwaukee, Wisconsin, is recognized for its expertise in the acquisition and repositioning of industrial properties. The firm plans to market future leasing opportunities within the facility, which could accommodate both single and multi-tenant configurations. The acquisition aligns with Phoenix's strategy of revitalizing industrial assets and enhancing their value through targeted capital improvements, such as adding more dock positions to increase operational efficiency.

This transaction reflects broader trends in the industrial real estate sector, where demand for flexible, well-located facilities continues to grow. The Troy facility's proximity to St. Louis, one of the Midwest's major transportation hubs, positions it favorably within the logistics and distribution network. As e-commerce and supply chain demands evolve, properties like this one are increasingly sought after for their ability to facilitate efficient operations.

Looking ahead, the acquisition by Phoenix Investors underscores the ongoing consolidation in the industrial real estate market, driven by the need for adaptable spaces that can meet diverse tenant requirements. The deal not only supports HMH's strategic goals but also enhances Phoenix's portfolio, allowing the firm to capitalize on the rising demand for industrial space in key locations across the United States. As the market continues to evolve, stakeholders will likely keep a close eye on such transactions that exemplify strategic alignment and growth potential in the sector.