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Chicago & Midwest  + Midwest  + Industrial  | 
Phoenix Affiliates Acquire 56+ Acres in Wisconsin for Spec Industrial Project

Corteva Agriscience Leases Former Maytag Facility

An affiliate of Milwaukee-based Phoenix Investors leased approximately 300,000 square-feet of the former Maytag facility in Galesburg, IL to Corteva Agriscience. The tenant is an American agricultural chemical and seed company that was the agricultural division of DowDuPont prior to being spun off as an independent public company.

The Monmouth building remained vacant since Maytag closed this plant over a decade ago. Phoenix purchased it in June 2019 and commenced a complete renovation of the existing building. The renovation work will be completed this fall, at which time Corteva will take occupancy.

“For nearly a year I worked with Corteva Agriscience and public partners to create a distribution hub in Galesburg,” said VP Ryan Holzhauer at Phoenix Investors. “This lease represents the fruit of hard work by Phoenix, Corteva Agriscience, and our public partners.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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