Brent Miller, SIOR, Senior Vice President with FM Stone Commercial sold the industrial building at 57433 Nagy Drive in Elkhart to TK Steel of Elkhart. Buying the 61,125-square- foot industrial facility on 6 acres provides TK Steel with additional room to grow its business which supplies steel products to RV, cargo and truck manufacturers.
Owners Tim and Karmin Utley, who founded TK Steel in 2011, were previously leasing space in Elkhart and decided that it was time to take advantage of the market and to buy a larger building that will be able to accommodate their operations for a number of years. The seller of the building, Elk Components, was purchased by another Elkhart company and was absorbed into the new organization.