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Company That Revitalizes Old Manufacturing Plants Buys Shuttered Electrolux Complex Outside Minneapolis

Phoenix Investors Acquires, To Market Nearly 1 Million-Square-Foot Facility in St. Cloud for Lease
The Electrolux plant manufactured upright freezers before it was shuttered in 2019. (CoStar)
The Electrolux plant manufactured upright freezers before it was shuttered in 2019. (CoStar)
By Mark Iovanisci
CoStar Research
October 5, 2023 | 8:02 P.M.

A real estate company that specializes in revitalizing old manufacturing plants has acquired the nearly 1 million-square-foot former Electrolux Group facility in St. Cloud, Minnesota, and is putting it back on the market for lease.

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