An affiliate of Phoenix Investors acquired an about 515,913-square-foot industrial building at 1000 Taylor Ave. in Park Hills, Missouri.
Construction began on the building in 1976, with additions and updates made as recently as 2018. The facility features 18 docks; six 14-foot overhead drive-in doors; clear heights up to 40 feet; and both wet and dry fire suppression systems.
Sitting on 41.76 acres with parking for nearly 300 automobiles and 9 trailers, the property is poised for immediate leasing opportunities. The property also boasts an active rail spur serviced by Union Pacific Railroad, is located only 11 miles from Farmington Regional Airport, and less than 2 miles from US-67, making the facility easily accessible from rail, air, and road.
The property was formerly inhabited by PGP Glass USA, Inc. (“PGP”) and owned by Piramal Glass, an Indian company owned by Blackstone Capital. Once the city’s largest employer, PGP announced its closure in February 2022 and closed its doors in March 2022.
